IBM sees Q2 operating EPS growth similar to Q1

theflyonthewall.com

The company noted on the Q1 earnings call that given its Q1 performance, IBM now expects to take the bulk of its work force balancing actions for the year in Q2 as opposed to FY12 when it was distributed across the quarters. The company added that it does not have a "specific approved action," but that a charge would additionally impact the operating EPS it reports.

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