International Business Machines Corporation (IBM) is a US based information technology company producing and selling computer hardware, middleware and software. It also provides hosting and consulting services in fields such as nanotechnology, mainframe computers and others. The underlying business strategy is focusing on higher value and more profitable markets. Its major competitors include HP Inc., Dell Inc., Hyland Software Inc., Zeta Global, Microsoft Corporation to name a few. IBM is present in three major geographical regions with operations in over 170 countries. As of Q2 2019, the revenue from different geographical regions came in at. And let’s look into IBM Revenue by Region data here.
Revenue by region
(in millions USD)
|Europe/ Middle East/Africa||6149||32.09%|
* IBM revenue by region
Total revenue of $19,160 million decreased 4.2 % as reported and 2 % adjusted for currency in the second quarter compared to the prior year. Americas revenue of $8,806 million decreased 4.4 % as reported and 3 % adjusted for currency, Europe, Middle East and Africa (EMEA) with a revenue of $6,149 million reported a 4% decline in revenue but a 1% increase when adjusted for currency. Asia Pacific with a revenue of $4,205 million reported a 4.1 % decline 2 % when adjusted for currency.
Within Americas, U.S., Latin America and Brazil reported a decline in revenue while Canada reported a 4.4% increase in revenue and 8% when adjusted for currency compared to the same period in 2018.
In EMEA, Germany, France and Middle East and Africa region reported a decline in revenue. Only UK and Italy reported a revenue increase by 0.9% and 1.1% respectively and 7% each when adjusted for currency.
Within Asia Pacific, Australia, India and China reported a decline in revenue and Japan reported a 2.1% revenue growth (3% adjusted for currency).
IBM Corporation, headquartered in Armonk, New York, US, is a blue-chip company included in the Dow Jones Industrial Average and publicly traded on the New York Stock Exchange as IBM. The company, serving enterprises of all sizes, creates value for its clients by providing integrated solutions and a comprehensive portfolio of products.
IBM’s strategy is wholly focused on the needs of its clients. It enables clients to harness the power of their data through technologies like AI, analytics and blockchain. Most of the company’s clients are leaders in their industries- financial services institutions, airlines and others.
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