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This is a multi-part message in MIME format. -- [ Picked text/plain from multipart/alternative ] IBM announced 3rd quarter earnings. http://www.investor.ibm.com/investor/3q01/3q01earnings.phtml An excerpt: Hardware revenues declined 21 percent (18 percent at constant currency) to $7.5 billion from the 2000 third quarter. Revenues from z900 mainframe servers grew strongly. Revenues from the iSeries mid- market servers increased in all geographic areas, while pSeries revenues declined in part because customers were awaiting the new high- end "Regatta" servers, which were announced in early October. Personal computer revenues fell significantly, reflecting continued weakness and price pressures in this market. Revenues from IBM's high- end storage product family - - known as "Shark" - - increased year over year. Microelectronics revenues decreased substantially, as expected, principally due to the cyclical downturn that is affecting the worldwide semiconductor and OEM markets. Software revenues grew 10 percent (14 percent in constant currency) to $3.2 billion compared to the prior year's third quarter. Middleware revenues, which comprise approximately 80 percent of IBM's overall software revenues, grew 18 percent at constant currency and operating system revenues increased 3 percent year over year. WebSphere revenues increased 75 percent, MQ Series revenues more than doubled and DB2 revenues climbed 31 percent (excluding revenues from the acquisition of the Informix database business, which was successfully completed in the third quarter). --
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