International Business Machines (IBM) reported second quarter net income up 8% on the same quarter last year.
The rise was fuelled by strong growth in sales of both its computers and software.
IBM, the world's biggest maker of mainframe computers, made $3.66bn (�2.27bn), compared with $3.39 billion a year earlier.
IBM raised its prediction for full-year earnings for the second quarter running.
Revenue at the 100-year-old company was 12% higher at $26.7bn.
Although the figures beat expectations, IBM's shares fell slightly on the results.
Kim Caughey Forrest, senior analyst at Fort Pitt Capital Group, said: "I'm a little confused as to why the shares are down because the margins were very strong and the revenue, especially in the second quarter when you expect softer revenue, makes it look like they did well in the quarter."
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