Gradual IBM transition for service business model is not yet able to achieve its goal - to ensure the company's stable and decent profit. According to long-term plans, for example, IBM hoped toachieve in 2015's revenue of $ 20 in the calculation for each company share . According to adjusted results of the fourth quarter 2014 figure, in the reporting period earnings per share of $ 16.53 - this is 1% less than in the same quarter of 2013. In 2015, earnings per share are expected in the range of $ 15,75-16,50. In other words, plans were not destined to come true. Moreover, some representatives of big business believe that in the next three years, the company will not be as much of a chance to survive in the changing IT-market.
Now about the work in the fourth quarter. IBM quarterly revenue for the period in respect of annual decreased by 12% to 24.1 billion. Revenues for the entire 2014 decreased by 6% to $ 92.8 billion. Given IBM's revenue from the sale of the hands of Lenovo business for the production of x86-compatible Server (transaction completed in October), the performance will be better, that is, in principle, the picture does not change. IBM Net profit for the reporting period fell to $ 5.48 billion. (-11% ).
Total segment Systems and Technologies for the quarter brought the company $ 2.4 billion. This is 39% less than the year before. Ideally, IBM could sell a business for the production mainframe. This is a strategic asset that secures the United States.