Venerable tech giant IBM (NYSE: IBM) reported its quarterly earnings after market close today, and the numbers appeared pretty impressive. For an established company, the firm appeared to have a growing presence in key markets and geographies. The envy of more concentrated tech companies such as Oracle (Nasdaq: ORCL), Dell (Nasdaq: DELL), and Hewlett-Packard (NYSE: HPQ), IBM saw its powerful business model -- with hardware sales driving software sales, in turn driving consulting contracts -- propelling the business forward yet again. The Motley Fool's two technology analysts, Andrew Tonner and Eric Bleeker, sit down in this video to examine the earnings.

Andrew Tonner and Eric Bleeker own no shares of the companies mentioned above. The Motley Fool owns shares of Microsoft and Oracle. Motley Fool newsletter services have recommended buying shares of Microsoft, Dell, and salesforce.com, creating a bull call spread position in Microsoft, and shorting Salesforce.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.