They seem to be running on inertia at this point. I haven't seen any plausible new enterprises from them. It's possible I'm looking in the wrong places, though.

Fully agreed, but they've been running on inertia for the last two decades, but that has nothing to do with profitability. They're still printing money, every quarter and are paying out substantial dividends.

Obviously that can't go on forever and they're desperately searching for a path to a viable future but for the moment they are definitely in the black and will - as far as I can see - stay there for quite a while to come.