IBM plans to increase memory prices in the new year • The Register

IBM has announced that it will increase the purchase price for a wide range of memory products from January 1st, which is a nice surprise for customers to ring in the new year.

Pricing for incoming storage products is listed in an update on Big Blue’s website and does not appear to affect customers in the US, but will apply in Canada, Europe, Japan and parts of Africa, including Morocco and South Africa.

IBM’s changes appear to include either a 5 percent or 10 percent increase in existing prices, depending on the product and territory.

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For example, some models in the FlashSystem 5000 and FlashSystem 7000 portfolios appear set for a 5 percent jump everywhere except in Japan where the increase will be 10 percent. However, some models in the FlashSystem 9000 series appear to be up 10 percent everywhere, with the exception of Canada and Switzerland, where the increase is just 5 percent.

Meanwhile, the DS8000 series models of high-performance, high-capacity disk arrays are expected to be 10 percent more expensive almost everywhere.

For tape libraries, the increase is consistently 5 percent, while for some other tape storage solutions, it is 10 percent in all affected areas.

Other affected products include IBM Elastic Storage System (ESS), IBM SAN Volume Controller and IBM Cloud Object Storage (COS). These products are projected to increase by 10 percent everywhere except in Canada and Switzerland, where the increase is just 5 percent.

However, a notice on Big Blue’s website states that the terms of existing contracts determine the applicability and specific impact of the price changes, and directs customers to contact their IBM representative or IBM Business Partner for more information.

IBM didn’t give a reason for the overhaul, which could only reflect a cost increase due to inflation and rising energy prices.

For the third calendar quarter, IBM reported revenue of $14.1 billion, up 6 percent from a year earlier. However, it also posted a loss of $3.3 billion compared to a profit of $1.23 billion a year ago, as reported by our sister site Blocks & Files.

The contribution of IBM’s storage products to these numbers is difficult to see, as storage software is reported as part of the software division and storage hardware is included in the infrastructure business results. ®

https://www.theregister.com/2022/12/02/ibm_storage_prices/ IBM plans to increase memory prices in the new year • The Register

Rick Schindler

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