IBM reports 2012 fourth-quarter results

by Volker Weber

Revenues from the WebSphere family of software products increased 11 percent year over year. Information Management software revenues increased 2 percent. Revenues from Tivoli software increased 4 percent. Revenues from Lotus software increased 9 percent, and Rational software increased 12 percent.

Read how to read quarterly earnings. Also keep in mind that IBM acquired companies and then reports those revenues. The spreadsheet now looks like this:

Lotus is almost back to 2008 levels for the fourth quarter. Lots of rounding errors of course.

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Comments

You think we'd had a recession or something. These are pretty encouraging.

Rob Novak, 2013-01-23 01:53

? Means? Lotus is actually starting to get share?

Andy Steven, 2013-01-23 05:41

It means that whatever IBM tallies under "Lotus" is making more money. Than last year, but not more money than 4 years ago.

Volker Weber, 2013-01-23 09:34

That's an interesting question. With all the products rebranded, what actually accounts for Lotus software these days? And what about combined licenses? Does Connections account for Lotus, WebSphere, and Information Management? Is the revenue split somehow?

Max Nierbauer, 2013-01-23 10:46

Good to see Lotus revenues back up, as well as SWG revenues as a whole up by 3%.

@Max, those splits are never made public, unfortunately.

Stuart McIntyre, 2013-01-23 11:27

Maybe the 9% (or more) is just the Kenexa acquisition (who reported around $280 million revenues for 2011). IBM expected the transaction to close in the fourth quarter.

Henning Heinz, 2013-01-23 12:48

doesn't mean a thing - 5 years are a long, long time

Dieter Baum, 2013-01-23 13:26

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I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.

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