This morning's New York Times reports very satisfactory 4th quarter
2012 financial results for IBM:

<begin extract>
The company’s hardware revenue slipped 1 percent, to $5.8 billion. The
division’s sales were hurt by the loss of the cash register business.
But mainframe sales surged 56 percent thanks to a new line of
mainframe computers, the zEnterprise EC12, which began shipping in
September.
</end extract>

This is good news even though the surge was from a low level.  The
"loss of the cash register business" was via its sale to Toshiba.


John Gilmore, Ashland, MA 01721 - USA

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