The company reported fourth quarter revenue of US$28.9 billion (A$32.1 billion), a massive 10 per cent increase over the year-ago quarter.
For the full-year, Big Blue revenue grew 8 per cent to US$98.8 billion.
The company will not release a detailed summary of its Q4 numbers until later this week. But chairman and chief executive Sam Palmisano flagged international markets generally, and the fast growing BRIC economies (Brazil, Russia, India and China) specifically as a driver.
“The broad scope of IBM’s global business – led by strong operational performance in Asia, Europe and emerging countries – drove these outstanding results,” Mr Palmisano said.
“IBM is well-positioned as we begin 2008 as a result of our global business reach, solid recurring revenue stream and strong financial position. We are on track to achieve our long-term earnings-per-share roadmap objective in 2010.”
The weak US dollar helped IBM’s results. The company said its revenue growth would have been a still exceptionally strong six per cent had it not been for currency favourable fluctuations.
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