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IBM posts flat revenue, falling hardware sales

Joab Jackson | April 18, 2012
The hardware results didn't help the company's overall revenue.

Also last week, the company unveiled a new line of prepackaged sets of systems, called PureSystems. The company expects PureSystems to address what it sees as a growing corporate need for low-management IT systems.

The company is also in the process of selling its retail POS (Point-of-Sale) business to Toshiba, for $850 million. This move will allow IBM to concentrate on providing the software for the systems, which Toshiba will build.

 

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