IBM: Fiscal 3Q12 Financial Results

Revenue from system storage decreased 10% Y/Y

By Jean Jacques Maleval | October 17, 2012 at 3:17 pm

IBM Corp. announced its financial results for the third-quarter of 2012 ended on September 30, 2012.

Revenues from system storage decreased 10% from the same period one year ago.

Storage hardware sales were down 8% at constant currency, while storage software which is reported in Tivoli was up 14% at constant currency.