Posts Tagged '4q'

Lotus sales up 7%; IBM revenue at $98.8B

IBM released its 4Q and full year results for 2007. You can tune in for Mark Loughridge remarks, SVP and CFO, over at Investor Relations website. A podcast is also available (24MB, mp3 format). Analyzing the Software business, we can see an increase across the board: Lotus sales in 4Q were up 7% compared to 2006, whereas the entire Software revenues in that period were up 12%, to $6.3B. IBM revenue in 4Q was $28.9B, up 10% Y/Y.

“IBM had a terrific fourth quarter and full year with record revenue, profit and cash. The broad scope of our global business — led by strong operational performance in Asia, Europe and emerging countries — as well as continued growth in services and software drove these outstanding results. As we begin 2008, IBM is well-positioned as a result of our global business reach, solid recurring revenue and profit streams, and strong financial position. We are on track to achieve our long-term earnings-per-share roadmap objective in 2010.” Samual J. Palmisano, IBM Chairman, President and CEO.

Obviously I can’t comment on my own country or region performance, other than saying we had a good year, both at Lotus and Software, landed some new customers, upgraded others. Our larger geography, EMEA (Europe, Middle East and Africa) was accountable for $10.8B in 4Q (+16%), and was the 2nd largest contributer to IBM’s full year results, with $34.7B (+14%).

You can read the complete press release at the site.

Mobile & Media Consultant. I help startup companies launch products to the consumer market. Reach out: dvir.reznik [at]



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