On a fresh report conference IBM representatives stressed that the strategic sectors of growth for IBM is to analyze big data, cloud and mobile technology, information security and social projects. In the long term, the company will benefit from the reforms.
Manufacturing business server standard configurations in the last quarter was sold to Lenovo, which in the middle of the last decade has already bought IBM's business of manufacturing personal computers and laptops, has recently become a major player in this segment. IBM also got rid of the customer support - at least now these kind of activity will take the side of the structure.
Net income for the first quarter decreased by 21% compared with last year, to $ 2.4 billion in operating profit decreased by 22% from $ 3.4 billion to $ 2.6 billion Total revenue for the quarter was $ 22.5 billion - this is 4% less than in the first quarter of last year. In the services segment revenue decreased by 3%, in the direction of the software, it rose by 2%, financial services IBM brought up 3%, but the direction of "systems and technologies" for the year reduced revenues by 23%. Characteristically, the rate of profit for IBM has managed to increase from 45.6% to 46.9%.