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IBM Reports 2010 Second-Quarter Results

ARMONK, N.Y. – 19 Jul 2010:

  • Diluted earnings per share of $2.61, up 13 percent;
  • 30 consecutive quarters of EPS growth, 12 of last 14 at double digits;
  • Full-year 2010 EPS expectations raised to at least $11.25;
  • Net income of $3.4 billion, up 9 percent;
  • Pre-tax income of $4.6 billion, up 7 percent;
  • Pre-tax margin of 19.3 percent, up 1 point;
  • Revenue of $23.7 billion, up 2 percent, as reported and adjusting for currency;
  • Growth markets revenue up 14 percent; first-half revenue as large as total Euro zone revenue;
  • BRIC countries revenue up 22 percent;
  • Business Analytics revenue up 14 percent;
  • Software revenue up 2 percent, 6 percent excluding divested PLM operations;
  • Systems and Technology revenue up 3 percent;
  • Services revenue up 2 percent;
  • Services backlog of $129 billion, up $1 billion, adjusting for currency.

IBM (NYSE: IBM) today announced second-quarter 2010 diluted earnings of $2.61 per share compared with diluted earnings of $2.32 per share in the second quarter of 2009, an increase of 13 percent.

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Sharks Sniff out Their Prey, One Nostril at a Time

It turns out the old saying is right — the nose really does know. And when it comes to sharks, the nostrils are particularly discriminating.  

Combined with the ability to detect underwater vibrations, sharks are able to zero in on the location of their prey by smelling in stereo, according to a new study by researchers at the University of South Florida (USF) and Woods Hole Oceanographic Institution (WHOI).

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How Do You Feel About Science?

You’re standing at the edge of watery abyss. What comes to your mind first? The beauty? The amount of electricity? How unimportant you are? How much money you could make with a visitor center? 

How you answer says a lot about how you think, and as pollsters are beginning to wonder, how you might feel about science.

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Whether Glaciers Float May Affect Sea-Level Rise

WASHINGTON — Glaciers that detach from the seafloor and begin floating create larger icebergs than glaciers that stay on the sea floor, researchers have found. Floating glaciers also produce icebergs more erratically.  

These new observations may help researchers better understand and predict iceberg production from glaciers and ice sheets, improving estimates of sea-level rise due to climate change.

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Photo Proof: Super Stars of the Universe Have Humble Beginnings

ANN ARBOR, Mich.—The first close-up picture of a nascent super massive star and its surroundings has shown that the highest mass stars in the universe form just like their smaller counterparts. They are born from swirling disks of gas and dust, rather than from violent stellar collisions. 

“How these high mass stars form has been a debate for 20 years,” said Stefan Kraus, a research fellow in the University of Michigan Department of Astronomy who is first author of a paper on the findings published July 15 in Nature.

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Report Names IBM No.1 in Global Middleware Software Market

ARMONK, N.Y.: IBM announced, on July 16, that industry analyst firm International Data Corporation (IDC) has ranked it the worldwide leader in the middleware software market.   

According to IDC, IBM was the leading worldwide application deployment software vendor with 31.9 percent market share based on revenue, nearly double that of its closest competitor.  

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