Power Systems Stabilize in Q4 Thanks to Entry Boxes
January 24, 2011 Timothy Prickett Morgan
Let’s cut right to the chase scene. The entry systems portion of the Power Systems lineup that matters most to i5/OS and IBM i shops started to show some signs of life in the fourth quarter, according to the financial results released by IBM last Tuesday after Wall Street closed down to get home through a slushy and cold New York evening. So, like me, you can exhale and then breathe a little bit.
In the fourth quarter ended in December 31, IBM’s revenues grew by 6.6 percent to just a hair over $29 billion, and net income rose by