umm, well, IBM is a very strong company, and also very weak. For example, their corporate business is pretty freaking strong (aka SI). However, they DO make PC's (hello: PPC aka G5). They aren't going to enter the x86 market, b/c they already have their own architecture line that is successful for them. It looks like IBM will also be making the processors for all the new game consoles by the major players, building off the PPC architecture (though I think the Cell chip will be fairly different). So, yes IBM is strong, it seems to be growing, but it doesn't make itself, and i don't think it wants to, an upfront consumer competitor. They are the behind the scenes guys that the world relies on, kinda.
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