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IBM's results hampered by slowing hardware sales
2013-10-17 13:58:43| InfoWorld: Top News
Managing its way nimbly through times of economic sluggishness, IBM reported a 6 percent increase in profit for the third quarter even as its revenue declined. IBM's third-quarter profit was $4.0 billion, compared to $3.8 billion in the third quarter of 2012, the company announced Wednesday. Revenue was $23.7 billion, compared to $24.7 billion in the year prior.
Tags: results
sales
hardware
slowing
IBM's results hampered by slowing hardware sales
2013-10-17 01:11:50| InfoWorld: Top News
Managing its way nimbly through times of economic sluggishness, IBM reported a 6 percent increase in profit for the third quarter even as its revenue declined. IBM's third-quarter profit was $4.0 billion, compared to $3.8 billion in the third quarter of 2012, the company announced Wednesday. Revenue was $23.7 billion, compared to $24.7 billion in the year prior.
Tags: results
sales
hardware
slowing
IBM's Power7+ remains alive with new integrated servers
2013-10-09 14:08:13| InfoWorld: Top News
IBM's decision to license its future Power8 processor to third parties doesn't mean life has ended for the current Power 7+, which will go alongside x86 chips into new PureFlex System preconfigured servers announced on Wednesday. The new servers are targeted for hybrid cloud deployments. The single-chassis PureFlex System Express is aimed at small and medium-size businesses and has an "affordable entry price point," IBM said. The more expensive PureFlex System Enterprise is an is a high-uptime server available in multiple configurations.
Tags: remains
integrated
alive
servers
IBM's $1 billion Linux investment: Buying Power
2013-09-18 12:00:00| InfoWorld: Top News
IBM loves Linux -- so much so, in fact, that it's pledged $1 billion for Linux development over the next five years.
Tags: power
linux
investment
buying
IBM's new Power8 doubles performance of Watson chip
2013-08-27 13:56:57| InfoWorld: Top News
IBM for the first time revealed details on Monday of its 12-core Power8 chip, which is twice as fast as the Power7 chip used in the Watson supercomputer. To make the chip faster, IBM has turned to a more advanced manufacturing process, increased the clock speed and added more cache memory, but perhaps the biggest change heralded by the Power8 cannot be found in the specifications.
Tags: performance
chip
watson
doubles
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