IBM 2005 Annual Report Download - page 103
Download and view the complete annual report
Please find page 103 of the 2005 IBM annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105
 |
 |
102_ SelectedQuarterlyData
SelectedQuarterlyData
(Dollarsinmillionsexceptpershareamountsandstockprices)
FIRST SECOND THIRD FOURTH FULL
2005: QUARTER QUARTER QUARTER QUARTER YEAR
Revenue $«22,908 $«22,270 $«21,529 $«24,427 $«91,134
Grossprofit $«««8,254 $«««8,775 $«««8,738 $«10,765 $«36,532
Incomefromcontinuingoperations $«««1,407 $«««1,851 $«««1,516 $«««3,220 $«««7,994
(Loss)/income fromdiscontinuedoperations (5) (22) — 3 (24)
Incomebeforecumulativeeffectofchange
inaccountingprinciple 1,402 1,829 1,516 3,223 7,970
Cumulativeeffectofchangeinaccountingprinciple** — — — (36) (36)
Netincome $«««1,402 $«««1,829 $«««1,516 $«««3,187 $«««7,934
Earnings/(loss)pershareofcommonstock:
Assumingdilution:
Continuingoperations $«««««0.85 $«««««1.14 $«««««0.94 $«««««2.01 $«««««4.91* +
Discontinuedoperations — (0.01) — — (0.01)
Beforecumulativeeffectofchange
inaccountingprinciple 0.84+1.12+0.94 2.01 4.90**
Cumulativeeffectofchangeinaccountingprinciple** — — — (0.02) (0.02)
Total $«««««0.84 $«««««1.12 $«««««0.94 $«««««1.99 $«««««4.87** +
Basic:
Continuingoperations $«««««0.86 $«««««1.15 $«««««0.95 $«««««2.04 $«««««4.99*
Discontinuedoperations — (0.01) — — (0.02) *****
Beforecumulativeeffectofchange
inaccountingprinciple 0.86 1.14 0.95 2.04 4.98** +
Cumulativeeffectofchangeinaccountingprinciple** — — — (0.02) (0.02)
Total $«««««0.86 $«««««1.14 $«««««0.95 $«««««2.02 $«««««4.96***
Dividendspershareofcommonstock $«««««0.18 $«««««0.20 $«««««0.20 $«««««0.20 $«««««0.78
Stockprices:++
High $«««99.10 $«««91.76 $«««85.11 $«««89.94
Low 89.09 71.85 74.16 78.70
FIRST SECOND THIRD FOURTH FULL
2004: QUARTER QUARTER QUARTER QUARTER YEAR
Revenue $«22,175 $«23,098 $«23,349 $«27,671 $«96,293
Grossprofit $«««7,892 $«««8,406 $«««8,533 $«10,738 $«35,569
Incomefromcontinuingoperations $«««1,364 $«««1,737 $«««1,554 $«««2,842 $«««7,497
Lossfromdiscontinuedoperations (1) (2) — (15) (18)
Netincome $«««1,363 $«««1,735 $«««1,554 $«««2,827 $«««7,479
Earnings/(loss)pershareofcommonstock:
Assumingdilution:
Continuingoperations $«««««0.79 $«««««1.01 $«««««0.92 $«««««1.68 $«««««4.39*
Discontinuedoperations — — — (0.01) (0.01)
Total $«««««0.79 $«««««1.01 $«««««0.92 $«««««1.67 $«««««4.38*
Basic:
Continuingoperations $«««««0.81 $«««««1.03 $«««««0.93 $«««««1.71 $«««««4.48
Discontinuedoperations — — — (0.01) (0.01)
Total $«««««0.81 $«««««1.03 $«««««0.93 $«««««1.70 $«««««4.47
Dividendspershareofcommonstock $«««««0.16 $«««««0.18 $«««««0.18 $«««««0.18 $«««««0.70
Stockprices:++
High $«100.43 $«««94.55 $«««88.44 $«««99.00
Low 89.01 85.12 81.90 84.29
* EarningsPerShare(EPS)ineachquarteriscomputedusingtheweighted-averagenumberofsharesoutstandingduringthatquarterwhileEPSforthefullyeariscomputed
usingtheweighted-averagenumberofsharesoutstandingduringtheyear.Thus,thesumofthefourquarters’EPSdoesnotequalthefull-yearEPS.
** ReflectsimplementationofFASBInterpretationNo.47.Seenote B,“AccountingChanges,” onpages61 and62 foradditionalinformation.
+ Doesnottotalduetorounding.
++ThestockpricesreflectthehighandlowpricesforIBM’scommonstockontheNewYorkStockExchangecompositetapeforthelasttwoyears.