IBM Grows, Power Systems Slows
April 26, 2021 Timothy Prickett Morgan
The good news, if you are a customer of IBM who wants Big Blue to stick around in the systems business, is that IBM actually saw some growth in its overall business for the first time in two years. This growth was driven in large part by its System z mainframe line, in the first quarter of 2021. The less than good news – but not unexpected – is that the Power Systems business continued to shrink as customers await high-end Power10 systems later this year and low-end Power10 machines early next year.
In the quarter ended in March, IBM’s …
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