The IBM i Power10 Upgrade Cycle Forecast Looks Favorable
February 6, 2023 Timothy Prickett Morgan
As we talked about last week in going over IBM’s financial results for the fourth quarter, the Power Systems business increased its revenues by 6.5 percent in 2022 thanks to a Power10 upgrade cycle that started in the fall of 2021 with high-end machines and built momentum in the summer of 2022 as the entry and midrange Power10 machines were delivered in the market.
In general, IBM tells Wall Street to expect that its overall Infrastructure business group will have flat revenues, with some quarters up during the beginning of an upgrade cycle and down at the end of it. …Read more