Big Blue has seen revenue in its System and Technology Group drop throughout the year, with the division finishing out fiscal 2013 down 18.7 per cent from the previous 12 months.
Software and middleware revenues and sales in the Global Business Services unit rose during the year, but Global Technology Services and Global Financing also dropped or stayed flat.
Meanwhile, things are looking not so bad for IBM’s converged infrastructure product line, as TPM writes:
IBM puts its PureSystems converged machines into the System x category, and revenue for these machines was up 30 percent sequentially from the third quarter, with 2,500 PureSystems racks sold during the quarter and a total of 10,000 racks sold since the machines debuted in April 2012.
One of the more concise writeups a of IBM’s 2013 performance that you’ll see