IBM Posts Largest Yearly Revenue Gain in Disk Storage Systems

Amid Stabilizing Overall Marketplace, IBM Gains Most Share Points, Report Finds

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ARMONK, NY - 06 Jun 2003: IBM posted the largest year-over-year increase in total worldwide disk storage systems factory revenue of the top five vendors, according to IDC's Worldwide Disk Storage Systems Quarterly Tracker [1], increasing sales by $132 million compared with the first quarter of 2002.

IBM's year-to-year growth during the first quarter was 16.8 percent while EMC and HP [2] factory revenue declined, by 6.7 percent and 9.8 percent, respectively.

Additionally, IBM gained the most share points of any vendor in IDC's Top Five Vendor Category on a year-to-year basis. One of the few companies that gained share on a year-to-year basis, IBM grew by nearly three points in Q1 2003 to 19.1 percent from 16.2 percent of total factory revenue while EMC and HP each lost more than one point of share.

"IBM continues its gritty comeback in storage with our focus on delivering world-class enterprise products based on open standards and integrated solutions with storage, servers, software and services," said Bob Samson, vice president of sales, IBM Systems Group. "Our growth -- at the expense of our main competitors -- is proof that our winning strategy is resonating with customers and IBM Business Partners that are looking for comprehensive storage solutions that only IBM can deliver."

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