
IBM announced it met expectations for its third quarter, posting income of $1.8 billion on revenues of $21.5 billion, an increase of 9 percent from the same time frame in 2002. TechNewsWorld reports that <A HREF="http://www.technewsworld.com/perl/story/31870.html">software sales climbed</A>, paced by a 12 percent jump in WebSphere sales, a 14 percent uptick in DB2 sales, a 9 percent rise in Lotus sales and a 25 percent bump in sales of Tivoli software.