The passing of an era -- the sale of the cash register business. That is
where (part of) it all began.

Charles

-----Original Message-----
From: IBM Mainframe Discussion List [mailto:[email protected]] On
Behalf Of John Gilmore
Sent: Wednesday, January 23, 2013 5:47 AM
To: [email protected]
Subject: IBM financial results, 4Q12

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.

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