While other technology firms have fared less well, technology services firm IBM brings light to the sector with a 12 percent increase on its latest quarterly profits and a rosy forecast for 2009.┬á IBM boss Samuel Palmisano said it had been an "outstanding year," with IMBÔÇÖs net profit in the fourth quarter reaching 4.4 billion and a profit margin of 47.9 percent, up three percentage points from a year earlier.┬á The news boosted IBM's share price 4.5 percent to $85.64 in after-hours trading in New York.