Global Strategy Stabilized I.B.M. During Downturn - NYTimes.com

A timely IBM snapshot 

The American postmultinational’s center of gravity has shifted outside the United States, not only in terms of sales, but also its strategy and major operations.

I.B.M., for example, now makes two-thirds of its revenue abroad. Its revenue in new growth markets like China and India, but also smaller ones like Vietnam, the Czech Republic and the Philippines, jumped 20 percent in the first quarter, the company reported on Monday.

More earnings details, from an IBM press release (emphasis mine):

Revenues from the Software segment were $5.0 billion, an increase of 11 percent (5 percent, adjusting for currency) compared with the first quarter of 2009. Revenues from IBM’s key middleware products, which include WebSphere, Information Management, Tivoli, Lotus and Rational products, were $2.8 billion, an increase of 13 percent (8 percent, adjusting for currency) versus the first quarter of 2009. Operating systems revenues of $499 million increased 1 percent (down 3 percent, adjusting for currency) compared with the prior-year quarter.

Revenues from the WebSphere family of software products, which delivers capabilities that enable clients to integrate and manage business processes across the organization, increased 13 percent year over year. Revenues from Information Management software, which enables clients to integrate, manage and use information to gain business value, increased 11 percent. Revenues from Tivoli software, which helps clients manage technology and business assets by providing visibility, control and automation across the organization, increased 23 percent, and revenues from Lotus software, which connects people and processes for more effective communication and increased productivity through collaboration, messaging and social networking software, increased 1 percent. Revenues from Rational software, which supports software development for both IT and embedded system solutions, increased 7 percent.

Global Strategy Stabilized I.B.M. During Downturn - NYTimes.com