[Flying Circus]

My point is you need to understand something of the company beneath the earnings statements. This article reveals what underlies the stellar earning of recent years. Earnings are great, unless they are hollowing out and destroying the value of the company underneath. I believe while IBM is displaying magnificent earnings in the near term it comes at cost to the value of the brand and trading away the best assets.

[oh8eleven]

Earnings are great, unless they are hollowing out and destroying the value of the company underneath.
"Value" is perception. A company's responsibility is to the bottom line and the shareholders.
There's nothing wrong with IMB earning profits and streamlining itself to stay that way.