Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

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