By Timothy Prickett Morgan
Publication Date: 2026-11-02 05:05:00
November 2, 2026
Timothy Prickett Morgan
We have been saying for some time that we think that Big Blue can get the Power Systems hardware business, including servers and operating systems but not including various kinds of tech support, to rise above $2 billion in annual sales. And by all indications, now that IBM has turned in three of the four quarters for the year, it looks like 2026 will indeed be that year.
“Storage delivered record revenue growth and continue to gain market share with broad-based demand across Flash, Fusion, tape and IBM Z storage,” explained James Kavanaugh, IBM’s chief financial officer, explained on a call going over the numbers for the third quarter of 2026 with Wall Street. “Strength across Storage and Power reflects the growing importance of differentiated infrastructure as clients modernize their environments, address data growth and…
