Power Systems revenue down

IBM reported its second-quarter revenue for 2009 last week, and the news was mostly gloomy. The so-called “converged System p” platform decreased 13%, although believe it or not, that was the highlight of IBM’s system revenue numbers. The System z mainframe revenue tanked 39%, and the x86-based System x platform dropped 20%.

IBM isn’t the only company hit hard by these revenue figures, either. HP’s second-quarter results were similarly bad, with its servers and storage division down 28%. Dell hasn’t released its second-quarter results, but its first-quarter results saw a 29% drop in servers and networking.