IBM beat analyst expectations for its third quarter earnings report. Cheddar Anchor Kori Hale breaks down the latest. "Big Blue" seeing strength in its cloud, cybersecurity and artificial intelligence businesses and suggesting it may be close to ending an almost six-year streak of declining quarterly sales. The company said it expects sales to grow next quarter by a little more than one percent, in what would be the first increase since 2012. IBM has focused in recent years in areas like cloud computing, blockchain, and its Watson a.i. systems. But it also saw strength this quarter from its mainframe business, where revenues grew 60 percent. Sales overall, while down about four tenths of a percent from last year, beat analyst estimates by almost 3 percent.