The big question?? What is whisper number... They shouldn't have a problem of meeting the $3.78 projection, as they dropped it from $3.95, from 3 mths ago??? I'm thinking if they don't come in with the $3.95??? It could still drop??? But if we had a crystal ball(that worked) we could all get rich!!! Does it go up or down?? If they report $3.86 per shr in earnings??? I figure when analyst dropped projection... They dropped it far enough... That earnings should beat by at least .5 cents??? Anybody know where you can trade in crystal balls, that don't work?? I have spent yrs hunting for the SOB, that sold this one to me, that don't work!!!!
"What happens if they miss on earnings projections???"
Then IBM trades down. The CFO was not shy about saying IBM would see earnings up the 8% forecast by the analysts -- $3.79. He also acknowledged that the Q1 roll over of deals will be a tailwind for Q2 so that agrees with what the CFO and CEO said about not getting new deals signed or new services up and running on time. Based on what they have said you have to either think that it's a big con of some sort to get holders to hold or it's the truth. It's obviously going to be a decent Q2. As to 2H, the CFO said he expected a pick up and double digit earnings growth in Q4. You can find the Barklay's conference webcast replay at IBM's site under financial presentations.