Diluted earnings per share increased by 18% to USD2.40 per share from USD2.04 in the 2008 third quarter.
Total revenues for the third quarter of 2009 amounted to USD23.6bn. This shows a year-on-year decline of 7% (5% when adjusted for currency) but is up 1% from the second quarter of 2009.
Samuel J Palmisano, IBM's chairman, president and CEO, said that the company saw improved revenue trends in its business and market share gains in hardware and software.
IBM has raised its full-year 2009 earnings guidance to at least USD9.85 per share compared with its previous forecast of at least USD9.70 per share.
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