IBM grows profits, raises outlook

The company also raised its earnings estimates for the remainder of 2008. "We feel good about the rest of the year," CEO Samuel Palmisano said in the earnings release. via ElectricNews.net

[Elliott]

IBM seems awash in cash. I have been getting my measly pension since September 1997 and no increase due to cost-of-living. I think they just announced an increase to retirees who retired prior to January 1997. Thus, this is the second increase to IBM pensions since 2000 and neither time 1997 retirees were included.
Sick! while the Armonk types keep cashing their stock options and getting richer.

[carpoolmom]

IBM has done 95 acquisitions so far. Every week I read about a new acquisition. They are constantly letting people go in small droves so it doesn't catch the media's attention. But they're earnings continue to go up. Pretty soon, there will be no one left at the company except senior VPs and their over seas admins. Oh I guess you haven't head the latest. Admins are now based out of Malaysha. What next? Egypt?