From: Investor's Business Daily<ibd@ibd1.investors.com>
To: david@coronariversidehomes.com
Received: Thursday, May 14, 2009 02:17 AM
IBD Tech Report Newsletter
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The computer giant said it is still targeting 2010 EPS of $10-$11, above views of $9.95, thanks to its high-margin offerings and global reach. IBM (IBM) has been shifting away from commodity hardware to focus on higher-margin software and services. IBM's Q1 sales fell 11% from a year ago, but cost cuts helped buoy profit. Shares fell 2%.
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