Power Systems Down A Bit in IBM’s First Quarter
Published: April 22, 2009
by Timothy Prickett Morgan
“IBM’s Power Systems division, which sells what were formerly known as System i and System p servers and which are simply called Power Systems these days, was a relative bright spot among its various server lines in the company’s financial report for the first quarter of 2009. But even the popularity of IBM’s high-end Power boxes could not defy the same pressures that all of IBM’s other groups are feeling thanks to the economic meltdown.
For the first quarter, IBM’s revenues fell across all of its major product groups–some more than others–and profits took a slight haircut, too…”
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