I.B.M. Is Doing Just Fine as It Reports Strong Profit - New York Times

"I.B.M., the world’s largest technology services company, reported net profits of $2.32 billion, an increase of 26 percent from the year-earlier quarter when it earned $1.84 billion. Its earnings per share were $1.65, well ahead of the analysts’ consensus, as compiled by Thomson Financial, of $1.45."