Mainframes Remain Lucrative Business for IBM

A mainframe computer may seem as out-of-date as a typewriter in the age of Google and iPhones. But the half-century-old business is still crucial and lucrative enough to be drawing scrutiny from U.S. antitrust investigators. International Business Machines Corp. is now almost alone in the market for mainframes: high-end computers that run everything from Amtrak’s reservation system to benefits payments for the Social Security Administration.