Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 17 April 2008 07:59

IBM posts strong results for Q1

Written by David Stellmack

Image

Beats analysts predictions handily

IBM posted an 11 percent increase in its Q1 revenue compared to the same period one year ago. That revenue was $24.5 billion for the first quarter. IBM’s Global Technology Services unit reported at 17 percent revenue growth rate to $9.7 billion, and its Global Business Services also increased 17 percent, to $4.9 billion.

IBM’s software units reported sunny numbers, as well. Software revenue was reported as increasing 14 percent to $4.8 billion for Q1, with IBM’s middleware software products (Lotus, WebSphere, Tivoli, Rational Software, Information Management) reporting double digit increases.

Big Blue was quite happy with its quarterly results and its strong start in 2008.

Last modified on Thursday, 17 April 2008 08:18

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments