Although analysts expect IBM Corp to report improved figures today – $1.33 a share is the average bet – those contacted by Reuter say that more restructuring is probably on the way another manufacturing facility may go with more jobs cut by year-end: the belief is that the feisty new baby IBMs in charge of their own destinies will find they have far too many facilities, and that once they find too many facilities they will find too many people; analysts also expect the dollar’s weakness against foreign currencies to inflate revenues from abroad, offsetting slow sales in Japan and in some parts of Europe.
