But all mainframe-related hardware, software and services account for a quarter of its revenue and, more important, about half of I.B.M.'s total operating profit, A. M. Sacconaghi, an analyst at Sanford C. Bernstein & Company, estimates.
When all the mainframe-related software, services and storage are included, mainframe technology delivers about 25 percent of I.B.M.'s revenue and more than 40 percent of its profits, estimates A. M. Sacconaghi, an analyst at Sanford C. Bernstein.
But all mainframe-related business, including storage, software, financing and services, accounts for more than 20 percent of I.B.M.'s revenue and more than 40 percent of its profits, according to A. M. Sacconaghi, an analyst at Bernstein Research.
But the research house emphasized that IBM differs from many of its rivals in the software industry, "since about two-thirds of its software business is mainframe-related, and therefore uses a subscription model with comparatively less volatility from quarter to quarter".
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These include the lease-like revenues from licences relating to its mainframe computers and its pioneering "multi-core" semiconductors, which feature in (among other things) the three leading video-games consoles.Yet corporate IT departments are continually being pressed to cut costs.
Nearly 25% of the MIPS shipped were to new companies, which use these mainframes for Internet-related applications.
Part E shows the mainframe where contents are loaded after clicking a link.
After all, the mainframe is still thriving.
The mainframe division, he said, is healthy.
