U.S. Cellular reported a pretty good second quarter. The carrier saw its service revenues increase to $1.002 billion which is 3% more than last year. Its net income was $73.9 million which is up from $40.8 million a year ago. U.S. Cellular has achieved these levels even though it lost subscribers.

IBM showed off some impressive numbers yesterday despite slower Q4 revenue. The company posted $4.4 billion profit in Q4 of 2008 vs $4.0 billion for the same quarter in 2007; that is a 12% increase to you and me. The company is proving it’s move to higher margin product focus such as SaaS is paying more »