Why would the same story applied for IBM?

http://www.marketwatch.com/news/story/ibm-profits-rise-shares-fall/story.aspx?guid={94469F70-5645-463B-90F5-2E628158D4E7}&siteid=yhoo&dist=yhoo

IBM said it earned net income of $3.54 billion, or $<?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />2.31 a share, up from $3.19 billion, or $1.99 a share, a year earlier.

However, the shares fell 4.9% to $94.60 in pre-open trading Friday on the results, which revealed meager sales growth in the company