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IBM: Fiscal 2Q11 Financial Results

Revenues from system storage up 10% from 2Q10

IBM Corp. just releases the financial results of its second quarter ended June 30, 2011.

Here are few information revealed by the company on its storage activity:

  • Revenues from system storage increased 10% from 2Q10 to 2Q11,
  • Storage hardware sales grew 10%, driven by disk, which was up 13%.
  • Tivoli software grew 9% year-to-year. Within Tivoli, storage was up nearly 25%.
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