Right. IBM still invests in "technical breakthroughs or research level computer science knowledge" at well funded labs. The two biggest are at Almaden, CA, and Yorktown, NY.
Like any lab looking at fundamental science, it's hard to judge how much of that activity leads to profit. Some research groups do also make/sell products that are cutting edge, though, on a consulting basis. E.g. the storage group in Almaden makes insanely large custom storage systems for very big - often federal govt - clients.
Like any lab looking at fundamental science, it's hard to judge how much of that activity leads to profit. Some research groups do also make/sell products that are cutting edge, though, on a consulting basis. E.g. the storage group in Almaden makes insanely large custom storage systems for very big - often federal govt - clients.