Half of IBM's profits come from mainframes

from blog Alex Clemmer, | ↗ original
IBM was at the top of the news aggregators a couple days ago as irresponsible rumors spread that it was laying off more than 100,000 people. IBM eventually posted a scathing denial, though not quickly enough to stem the flow of Internet pundits who showed up in droves (at, e.g., Hacker News) to explain just how irrelevant IBM really is. This is a...