IBM: Fiscal 2Q14 Financial Results
When fall will stop?
This is a Press Release edited by StorageNewsletter.com on July 21, 2014 at 2:58 pmRevenue from IBM’s storage hardware business decreased 12% in 2Q14, ended June 30, 2014, compared to the same period one year ago.
Big Blue saw this business going down each quarter since more than two years and a half (see table below.)
Storage represents 21% of IBM System and Technology segment or only around $693 million in 2Q14. But flash storage grew more than 100%.
Revenue of Tivoli is up 47% from 2Q13 to 2Q14.
IBM Storage Hardware Revenue
| Period |
Y/Y Growth |
| 4Q11 | -1% |
| 1Q12 | -4% |
| 2Q12 |
-4% |
| 3Q12 | -10% |
| 4Q12 | -5% |
| 1Q13 | -11% |
| 2Q13 | -7% |
| 3Q13 | -11% |
| 4Q13 | -13% |
| 1Q14 | -23% |
| 2Q14 | -12% |
Share this news :
Subscribe to our free daily newsletter
