IBM backs earnings forecast for 2009,...

IBM backs earnings forecast for 2009, helped by better services...

There are 1 comment on the South Florida Sun-Sentinel story from May 14, 2009, titled IBM backs earnings forecast for 2009, helped by better services.... In it, South Florida Sun-Sentinel reports that:

IBM Corp. is again backing its forecast for profit of $9.20 per share this year.

Join the discussion below, or Read more at South Florida Sun-Sentinel.

Tim

San Jose, CA

#1 May 14, 2009
The answer is simple..

They plan on eliminating the remainder of their first world employees/citizens.

Those few positions which remain in the US will be filled by low paid foreigners imported on H-1B and L-1 visas..

Presto, guaranteed profits no matter how bad the economy tanks. Isn't globalism fun !!!

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