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IBM Rides Double-Digit Sales Growth To $200

In its quarterly earning released on Monday, IBM reported revenues of $26.7 billion – up 12% from the same period last year. With IBM reporting its 4th consecutive quarter of double digit revenue growth, its shares have marched higher since its announcement. The stock is up nearly 50% in the last year surpassing Microsoft as the second largest technology company by market cap behind Apple. IBM’s primary competitors include HP, Dell and Oracle.

 

What the heck is happening with OpenOffice?

Oracle abandoned OpenOffice, but now it seems, thanks to IBM, that it may live on with another organisation.

 

IBM Powers Up For Server War

IBM Powers Up For Server War

As the Oracle-Sun combo heats up hardware competition, IBM's Power7 servers aim to dominate.

 

IBM to buy SPSS for $1.2 billion

IBM plans to buy business analytics company SPSS Inc for $1.2 billion in cash to better compete with Oracle Corp. and SAP AG in the growing field of business intelligence.

 

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