IBM Turns In Its Best Second Quarter in Six Years
July 23, 2007 Timothy Prickett Morgan
IT industry bellwether IBM had a tough first quarter in 2007, with its business in the United States slowing down. But in the second quarter, Big Blue’s U.S. unit rebounded as much as IBM said it might earlier this year, while overseas markets continued to grow as the U.S. dollar continued to be weak. The upshot is that IBM has turned in its best second quarter in revenue and profit growth since 2001, when the bloom was just coming off the dot-com rose. In the second quarter, IBM had sales of $23.8 billion, up 8.6 percent, with three of its |