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Profits for International Business Machines Corp
(IBM), the world's biggest computer-services company, rose 8.2 percent to $3.7 billion dollars in the latest quarter, the company said Monday.
The figure beat analysts' expectations.
Revenues rose 12 percent compared to the same quarter last year
to $26.7 billion, the company said.
IBM software was a strong suit, with sales up 17 percent,
reflecting efforts by chief executive Sam Palmisano to put more focus
on that branch. Software and services together accounted for 83 percent of IBM's sales in 2010, up from 65 percent a decade earlier.
IBM hardware revenues have shrunk to 8 percent of the company's
income, down from 24 percent a decade earlier.
