International Business Machines ( IBM ) Q3 2012 Earnings Call October 16, 2012 04:30 PM ET Executives Patricia Murphy - VP, IR Mark Loughridge - SVP and CFO Analysts Toni Sacconagh - Sanford Bernstein Ben Reitzes - Barclays Steve Milunovich - UBS David Grossman - Stifel Nicolaus Bill Shope - ... By Christopher Grosvenor : International Business Machines ( IBM ) reported second quarter earnings on Wednesday. The firm is a major component of the Dow Jones industrial average and one of the largest technology firms in the world. Overall, the quarter was decent. Although, sales and earnings ... Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections, you may disconnect at this time. Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections, you may disconnect at this time. Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections you may disconnect at this time. Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections you may disconnect at this time. Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections, you may disconnect at this time. Welcome and thank you for standing by. At this time all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections you may disconnect at this time. Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections, you may disconnect at this time. Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections, you may disconnect at this time.