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IBM Result 17/4/2018

IBM has announced its financial results for the first quarter of 2018. IBM reported revenue of $19.1 billion in Q1 2018 with a 5% increase in the revenues compared to $18.15 billion reported in Q1 2017. Strategic imperatives revenue showed decent growth in the Q1 2018 and revenues from Analytics, Mobile and Security increased by 9%, 19% and 65% respectively (up 4%, 14% and 60% respectively adjusting for currency)
The increase in the revenue for Q1 2018 was driven by revenue growth in total and across the major segments (cognitive solutions, global business services, technology services & cloud platforms, systems, global financing) of IBM.