Posts Tagged 'financial'

2Q Results: Lotus Software revenues up 21%

Yes folks, it’s that time of the month, when the corporate giants are reporting 2Q earnings.
IBM (IBM) just reported its results, with total revenues of $26.8B, up 13%, with EPS beating the market by 28%, to $1.98.

The quarter in numbers:
Total revenues of $26.8B, up 13% Y/Y;
Software revenues of $5.6B, up 17%;
Lotus Software revenues increased by a whopping 21% Y/Y !

The rest is available at the official press release, at Yahoo! Finance or at the nearest Google.

And final thanks to, for consolidating all the info into one spot.

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]



This is my personal blog. The postings here do not represent the thoughts, intentions, plans or strategies of my past employers or of my clients. It is solely my opinion.