IBM reports solid quarter, raises full-year guidance

19.04.2011

Its hardware sales increased 19 percent to $4 billion. IBM's mainframe business continued its recovery, with sales up 41 percent from a year earlier, and its Power systems also did well, with sales of those Unix products up 19 percent, IBM said.

Software revenue climbed 6 percent to $5.3 billion. Within that, sales of IBM's middleware, including its Websphere and Tivoli products, were up 16 percent to $3.3 billion. Revenue from Websphere alone jumped sharply at 51 percent, IBM said.