IBM gets currency favours as modest growth continues

IBM has reported a second-consecutive quarter of yearly growth with its Strategic Imperatives outperforming declining legacy units once again, with a little bit of help from currency fluctuations.
Looking at the top-line figures, the business is heading in the right direction. Few would complain with another quarter of year-on-year growth, reversing five years of decline for a second-consecutive quarter, but when you dig a little deeper perhaps all is not as rosy as Big Blue executives would hav