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IBM Revenue

IBM Revenue 2001-2018

The following table shows the revenue of IBM corporation from 2001-2018 in Million dollars.

2018 Q1 revenue of IBM = 19072 Million dollars.

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IBM or International Business Machine Corporation is one of the leading businesses in cloud industry. Its revenue fell by one percent in 2017. Its revenue increased towards the last two quarters of 2017. the revenue growth towards the second half of the year resulted from higher momentum in cloud business as well as improved growth in consulting and power and storage business. IBM’s 2017 revenue was 79,139 Millions compared to 7919 Million dollars the previous year (2016). While IBM’s revenue had continued to decline since 2011, increased demand for cloud based services can lead to higher revenue in the near future. Its revenue picked up in the second half of 2017 which was a sign that its cloud business was going to take it farther in the near term. In the first quarter of 2018, IBM’s revenue was 19.1 Billion dollars or 19072 Million revenue. During the same period last year, it was 18.15 Billion dollars.

Sources:

IBM Annual Reports

 

Written by Abhijeet Pratap

Abhijeet has been blogging on educational topics and business research since 2016. He graduated with a Hons. in English literature from BRABU and an MBA from the Asia-Pacific Institute of Management, New Delhi. He likes to blog and share his knowledge and research in business management, marketing, literature and other areas with his readers.

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