An impressive stock market track record…

IBM’s share price—unremarkable for much of the last decade—has surged, almost to the day, since the Smarter Planet shtick began. It hit an all-time high of $200 on Monday, March 5, up from $70 in late 2008.

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But still ultimately about mainframes and professional services:

The answer to that is less sexy than IBM might have you believe. The company, with annual revenue of $107 billion, still makes tens of billions of dollars per year selling traditional data-center hardware and software. In fact, Toni Sacconaghi, an analyst at Sanford C. Bernstein & Co., estimates that about… Continue reading: How IBM Wooed Wall Street – Businessweek