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Can some math major break out the Lotus growth numbers from this?

Category IBM/Lotus
From an eWeek story on the IBM revenue announcements yesterday:

Meanwhile, revenues from IBM's Software segment were $4.5 billion, a decrease of 6 percent compared with the first quarter of 2008, and revenues from IBM's middleware products, primarily WebSphere, Information Management, Tivoli, Lotus and Rational products, were $3.6 billion, a decrease of 5 percent. But for the WebSphere family of products alone, revenues increased 5 percent year over year, while revenues from Rational software, IBM's integrated tools to improve the processes of software development, increased 9 percent.

Math was never my strong point, and it's FAR too early in the morning for me to even try.  But if we know that the "middleware" segment (WebSphere, Information Management, Tivoli, Lotus, and Rational) was down 5% at 3.6 billion, and two parts of that group, WebSphere and Rational, were up 5% and 9% respectively, where might that leave the Lotus brand in terms of revenue growth?

Or, to look in the back of the book, is there another story out there that carries the rest of the product numbers?  And no, I don't expect to see specific "Notes/Domino" revenue numbers.  I know those aren't broken out and reported separately.  I'm just looking for Lotus as a brand.

I'll be curious to see how the Information Management area evolves over time, as it appears that the new Business Analytics and Optimization Services will play in that area...

Moreover, Loughridge said as IBM adjusts following its drop in first-quarter results the company will be making a "transition toward higher-value software and services." This will include moves such as IBM's Smarter Planet initiative, business analytics and new computing models such as cloud computing. Loughridge also said he expects more positive results from IBM's Cognos and Ilog product lines, which performed well in the first quarter.

"Information management is a key component of our new IBM Business Analytics and Optimization Services," Loughridge said, speaking of the new consulting practice IBM announced on April 14.

Comments

Gravatar Image1 - Duffbert, it's' in the next paragraph of the press release that Lotus revenues declined by 12%, although what that translates to given currency fluctuations I don't know (currency fluctuations can go either way, depending on the currency strength and size of the deal that is being converted into USD)

Full press release is here: { Link }

Maybe Ed will shed some more light on things later.

Gravatar Image2 - Lotus was mentioned I think it was down 8% but there always is this currency stuff that sometimes make negative growth a positive one and vice versa. As long as the full numbers are not available IBM can tell every story they like.

Gravatar Image3 - @1 & 2 - I know currency fluctuations always come into play, so I realize there's some level of interpretation that's required.

@1 - Thanks for the link and information. I hadn't had enough caffeine yet to find it on my own this morning. :)

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