Wednesday, April 20, 2011

IBM 1Q11 - software revenue wows!

Key highlights

  • Reported earnings of $2.9 billion, on revenue of $24.6 billion, up 8 percent from a year ago. Financial services revenue increased 14% YoY to $ 7.3 B.

  • Software revenue was $5.3 billion, up 6 percent

  • Middleware products revenue was $3.3 billion, up 16 percent from a year ago

  • WebSphere Family YoY increase 51%

  • Information Management YoY increase 13%

  • Tivoli YoY increase 8%

  • Rational YoY increase 5%

  • Business Analytics revenue was up 20%

  • Cloud revenue was up by a factor of 5% and Smarter Planet was up about 20%


Details: http://www-03.ibm.com/press/us/en/pressrelease/34330.wss

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