IBM 2006 Annual Report Download - page 1
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 |
cyan mag yelo black
MAC
Dear IBM Investor: I am happy to report to you on a very strong
year for our company. In my letter last year, I said that we
believed we had positioned ourselves to capture the most attractive
growth and profit opportunities in our industry. In 2006 we did
just that, setting new records in profit, earnings per share and
cash performance.
What our numbers do not reveal
—
and what is perhaps IBM’s
most notable accomplishment during this period
—
is that we
achieved these results while fundamentally reshaping our company.
Whether you look at our technology, strategy, business model,
processes or culture, IBM is a very different enterprise today than
it was at the beginning of the decade. We have prepared the company
for growth and leadership in a radically different future
—
while
continuing to deliver steady results.