COMPUTERS: A Settlement for IBM

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IBM executives have been close-mouthed about the settlement, but competitors see it as an admission that the men from Armonk are taking the threat of antitrust more seriously than they have admitted. Last week the company reported record net income of $1.3 billion on record revenues of $9.5 billion for 1972. Still, says Control Data's Norris: "We found that IBM marketing pressures that we had challenged lessened considerably" after the suit was filed. Until the Justice Department's antitrust challenge is resolved, IBM may well avoid any attempt to fold, spindle or mutilate the competition.