12-18-2013, 05:35 PM
(12-13-2013, 09:56 PM)fiveoh Wrote: I don't know much about IBM but I thought I read that their revenue has been declining for several years. Their EPS is going up mainly from share buy backs and expanding margins. I could be wrong though.
I believe you're exactly right. According to ValueLine (you can get a free report on every Dow stock anytime) their revenue has declined for 3 straight years (barely), going from 106B down to 102B, they are projecting 2014 revenues of 104.5B. However, the "revenue per share" has increased since 2009, from $73 to $94 ($98 projected for 2014)