IBM raises 2010 guidance to at least $11.25 per share

By Jordan Robertson, AP
Monday, July 19, 2010

IBM raises guidance

SAN FRANCISCO — IBM Corp. has raised its 2010 net income guidance to at least $11.25 per share. That represents an increase of a nickel per share over the previous guidance and reflects IBM’s confidence in its ability to squeeze more profit out of its workhorse technology services and software divisions.

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