The above graph represents the IBM quarterly revenue by region, starting from fiscal Q1 2005 to the recently completed quarter. Surprisingly, in Q1 2020, the company reported a notable YoY and QoQ decline in its quarterly revenue across all major regions. A whopping 46.5% of IBM’s total revenue in Q1 2020 came from Americas, amounting to $8,166 million. The region reported a notable 3.9% YoY and 21.9% QoQ decline in revenue.
|Source||IBM SEC Filings|
|Note||IBM fiscal year starts from January|
EMEA (Europe, Middle East, and Africa) remains the second biggest market for IBM Corp, accounted for 31.4% of the total revenue in Q1 2020. IBM quarterly revenue from EMEA declined 22.19% QoQ and 3.67% YoY, to $5,517 million during the quarter.
IBM revenue from APAC also declined 1.8% YoY, from $3,961 million in Q1 2019 to $3,888 million in Q1 2020. On a quarterly basis, the company reported 8% decline in APAC revenue. The highest-ever revenue of $6,984 million from this region was reported in Q4 2012, with 4.2% YoY growth.
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