IBM 2006 Annual Report Download - page 24

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YEAR IN REVIEW
RESULTS OF CONTINUING OPERATIONS
Revenue
(Dollars in millions)
YR. TO YR.
PERCENT
YR. TO YR. CHANGE
PERCENT CONSTANT
FOR THE YEAR ENDED DECEMBER 31: 2006 2005 CHANGE CURRENCY
Statement of Earnings Revenue Presentation:
Global Services $, $, .% .%
Hardware , , (.) (.)
Software , , . .
Global Financing , , (.) (.)
Other   (.) (.)
Total $, $, .% (.)%
(Dollars in millions)
YR. TO YR.
PERCENT
YR. TO YR. CHANGE
PERCENT CONSTANT
FOR THE YEAR ENDED DECEMBER 31: 2006 2005* CHANGE CURRENCY
Industry Sector:
Financial Services $, $, .% .%
Public , , (.) (.)
Industrial , , (.) (.)
Distribution , , . .
Communications , , . .
Small & Medium Business , , (.) (.)
OEM , , . .
Other , , (.) .
Total $, $, .% (.)%
* Reclassified to conform with 2006 presentation.
(Dollars in millions)
YR. TO YR.
PERCENT
YR. TO YR. CHANGE
PERCENT CONSTANT
FOR THE YEAR ENDED DECEMBER 31: 2006 2005 CHANGE CURRENCY
Geographies:
Americas $, $, .% .%
Europe/Middle East/Africa , , . (.)
Asia Pacific , , (.) (.)
OEM , , . .
Total $, $, .% (.)%
MANAGEMENT DISCUSSION
INTERNATIONAL BUSINESS MACHINES CORPORATION AND SUBSIDIARY COMPANIES
22 2006 Annual Report
Management Discussion ........................................................
Road Map ............................................................................. 
Forward-Looking and Cautionary Statements ..................... 
Management Discussion Snapshot ...................................... 
Description of Business ....................................................... 
Year in Review...................................................................... 
Prior Year in Review ............................................................. 
Discontinued Operations ..................................................... 
Other Information ................................................................ 
Global Financing .................................................................. 
Report of Management .........................................................
Report of Independent Registered Public Accounting Firm ....
Consolidated Statements .......................................................
Black
MAC
2718 CG10