It looks like IBM’s focus on Smart technologies has distinctly helped its bottom line. The latest IBM investor webcast is probably the driest, most sterile thing I’ve ever listened to but check out the first 10 minutes. Also Big Sam is quoted in the press release:
In 2009, we invested in opportunities such as Smarter Planet solutions, cloud computing and advanced analytics. These new capabilities position IBM to grow as the economy recovers. The increased operational leverage we have established by creating a globally integrated enterprise will enable us to drive greater profits as revenue growth returns. We are confident about 2010 and our ability to achieve the high end of our long-term roadmap.