IBM: Fiscal 1Q12 Financial Results

For its fiscal quarter ended March 31, 2012, IBM Corp. reveals few figures about its storage activity.

Revenues from system storage hardware, included in its Systems and Technology segment, decreased 4% from the same period one year ago.

The value continues to shift to storage software up 18%.

Tivoli software was up 5% and within Tivoli, storage portfolio was up double digits once again.

For FY ended in December 2011, IBM’s yearly sales were down 1% for storage hardware but up 5% for global storage activity, once more thanks to Tivoli and its storage software sales growing 30%.