IBM mainframe revenues increased 30%

In the market for servers costing $250,000 and up, IBM’s mainframe revenue increased 30% to $1.8 bil from Q4 2002 to Q4 2003, according to Gartner. In contrast, the overall market for servers of that price grew 8% to $4.9 bil. For this price range, Gartner said mainframes dominated IBM’s revenue, accounting for $1.8 bil of the $2.83 bil the company garnered in the quarter. By comparison, HP’s sales rose 9% to $906 mil in the price range and Sun Microsystems’ dropped 16% to $420 mil.