Like previous quarters, hardware remains a sore spot for IBM. However, the company delivered better than expected earnings and sales in the second quarter.
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Amid a 3.7 percent drop in worldwide revenue for the quarter largely from weaker Unix server demand, HP overtook IBM in terms of market share on improved sales for x86-based ProLiant servers, according to IDC.
IBM appears to be making good on its promise that it will make the bulk of its workforce rebalancing moves in the second quarter. Employees ranging from consultants to data center workers to sales are sweating.
IBM saw demand drop off at the end of the first quarter as revenue and earnings miss expectations. Other tech giants saw a similar tough finish to the quarter.
SmartCloud Application Services will move from a pilot programme to general availability in the fourth quarter, as IBM looks forward to greater take-up for its platform services.
Dell had its highest revenue market share ever in the second quarter. Oracle's server sales were thumped. IBM saw soft demand for System x, Power Systems and System z as all three were on tap to be refreshed. HP saw flat x86 ProLiant sales, but Integrity demand fell.
IBM will implement a SmartCloud Enterprise+ point of deployment in Australia in the fourth quarter of this year, providing companies with access to a local, multi-tenanted cloud for production workloads.
IBM has presented a mixed bag of results for its first quarter of 2012, although it cited 10 quarters of consecutive growth in the UK
Fourth-quarter revenue falls seven percent as HP takes a big hit from hard drives, struggles with a change in direction, and as competitors Dell and IBM manage to hold earnings relatively steady
The company has reported solid fourth-quarter earnings, with chief executive Virginia Rometty insisting that IBM is on course to meet its targets for both 2012 and 2015
IBM and HP remain all-but joint partners on Gartner's third-quarter estimates for 2011, after the two giants took a collective 60 percent of the market.
The company's third-quarter revenue was up eight percent year-on-year, with strong sales in Brazil, Russia, India and China
The company's earnings for the second quarter were up 12 percent on a year ago, as IBM predicted its cloud computing revenue will double in 2011
IBM handily topped expectations for the second quarter and upped its outlook for 2011.
IBM on Monday reports its second quarter results and the company is likely to chug along on multiple fronts as it rides a mainframe and server refresh cycle.
The company has delivered strong growth for most of its businesses and product lines in the first quarter, prompting a raise in its outlook for 2011
IBM reported strong first quarter earnings as most of its businesses and product lines delivered solid growth. Big Blue also raised its outlook for 2011.
Riding on its new mainframe and Power 7 systems, IBM claims server market share lead in fourth quarter, according to new Gartner report.
IBM handily claimed the server market share lead in the fourth quarter as the company rode its new mainframe and Power7 systems, according to Gartner. Overall, fourth quarter server revenue was up 16.4 percent from a year ago.
The company has reported a net income of $5.3bn for its fourth quarter earnings, which were led by software and hardware sales