Revenues from its software segment also declined, dropping 6 percent to $4.5 billion. Revenue from middleware products, which include WebSphere, Tivoli and Lotus, also dropped 5 percent compared to the same period in 2008, to $3.6 billion.
the company is sticking with its full-year 2009 earnings estimate of $9.20 per share and said it is ahead of plan for reaching $10 to $11 per share next year.