Revenue will increase five percent, to $25.3 billion, in comparison with the third-quarter 2007 revenue figure, according to IBM's announcement.
Looking beyond the quarter, the company is expecting "full-year 2008 earnings per share of at least $8.75 or year-by-year growth of 22 percent," according to a corporate news release.
IBM will provide a detailed look at its results on Oct. 16, but IBM's Chairman, President and CEO Samuel Palmisano played up the potential good news.
In a prepared statement, Palmisano said that the preliminary findings "demonstrate that the combination of a steady base of recurring revenue and profits, investments for growth in emerging markets…and a flexible financial foundation give IBM a competitive edge in good times and tough times."
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