View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 3, 1999


By CBR Staff Writer

It is clear that software and services carried the fourth quarter for IBM Corp (CI No 3,581). However many Wall Street brokerages had also looking for hardware revenue to continue to grow. Instead hardware declined by 2%. Merrill Lynch & Co says that servers were the main culprit. The 40% price per mainframe MIP decline more than offset 60% MIPS growth. AS/400 sales were off as customers deferred purchases until new systems are announced later this month and RS/6000 suffered poor execution. Server sales all declined about 10%. PC sales grew 5%, hard disk sales rose 50% while Microelectronics was off 7%. Open storage was flat, the brokerage says, indicating no progress against EMC Corp.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.