IBM 4Q

I had heard a rumor of some very good iSeries 4Q numbers but perhaps that
was all that it was.....

"Hardware revenues from continuing operations increased 4 percent (1
percent, adjusting for currency) to $9.5 billion in the fourth quarter
versus the fourth quarter of 2003. Revenues from the Systems and Technology
Group totaled $5.9 billion for the quarter, up 5 percent on eServer revenue
increases, including a 25 percent increase in xSeries servers and a 15
percent increase in pSeries UNIX servers. Revenues from the zSeries
mainframe product decreased compared with the prior-year quarter, which was
particularly strong, while MIPS (millions of instructions per second), an
indicator of total delivery of zSeries computing power, increased 6
percent.

Revenues for the iSeries midrange servers and Storage Systems decreased
primarily as a result of a transition to new products.

Revenues from OEM Technology increased. Personal Systems Group increased
revenues 2 percent to $3.5 billion. In the quarter, IBM announced an
agreement to sell the Personal Computer Division, a unit of the Personal
Systems Group."



Michael Crump
Manager, Computing Services
Saint-Gobain Containers
1509 S. Macedonia Ave.
Muncie, IN  47302
(765)741-7696
(765)741-7012 f
(800)428-8642

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