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§Û§
Selected Quarterly Data
International Business Machines Corporation and Subsidiary Companies
($ in millions except per share amounts and stock prices)
FIRST SECOND THIRD FOURTH FULL
2007: QUARTER QUARTER QUARTER QUARTER YEAR
,iäiÞiÑÑ Ñ$22,029 $23,772 $24,119 $28,866 $98,786
Gross profit $ 8,866 $ 9,938 $ 9,956 $12,970 $41,729
ViÑwÅÑVÓÞÑ°iÅ>ÓÈÑ Ñ $ 1,844 $ 2,261 $ 2,362 $ 3,951 $10,418
²ÈȳÐViÑwÅÑ`ÈVÓÞi`Ñ°iÅ>ÓÈÑÑ (1) (1) 1 (00)
Net income $ 1,844 $ 2,260 $ 2,361 $ 3,952 $10,418
>ÅÈвÈȳѰiÅÑÈ>ÅiÑwÑVÑÈÓV\
Ñ ÈÈÞÑ`ÞÓ\
ÑÑÓÞÑ°iÅ>ÓÈÑ Ñ $ 1.21 $ 1.55 $ 1.68 $ 2.80 $ 7.18*
ÑÑÈVÓÞi`Ñ°iÅ>ÓÈÑ Ñ (0.00) (0.00) 0.00 (0.00)
Total $ 1.21 $ 1.55 $ 1.68 $ 2.80 $ 7.18*
Ñ >ÈV\ÑÑ Ñ Ñ
ÑÑÓÞÑ°iÅ>ÓÈÑ Ñ $ 1.23 $ 1.57 $ 1.72 $ 2.85 $ 7.32*
ÑÑÈVÓÞi`Ñ°iÅ>ÓÈÑ (0.00) (0.00) 0.00 (0.00)
Total $ 1.23 $ 1.57 $ 1.72 $ 2.86 $ 7.32*
ä`i`ÈÑ°iÅÑÈ>ÅiÑwÑVÑÈÓVÑ Ñ $ 0.30 $ 0.40 $ 0.40 $ 0.40 $ 1.50
-ÓVÑ°ÅViÈ\II
Ñ ÑÑ Ñ$100.90 $108.04 $118.89 $121.45
Low 88.77 93.92 104.58 99.27
FIRST SECOND THIRD FOURTH FULL
2006: QUARTER QUARTER QUARTER QUARTER YEAR
,iäiÞiÑÑ Ñ$20,659 $21,890 $22,617 $26,257 $91,424
Gross profit $ 8,088 $ 9,014 $ 9,492 $11,701 $38,295
ViÑwÅÑVÓÞÑ°iÅ>ÓÈÑ Ñ $ 1,708 $ 2,022 $ 2,222 $ 3,464 $ 9,416
Income from discontinued operations 76 76
Net income $ 1,708 $ 2,022 $ 2,222 $ 3,541 $ 9,492
>ÅÈÑ°iÅÑÈ>ÅiÑwÑVÑÈÓV\
Ñ ÈÈÞÑ`ÞÓ\
ÑÑÓÞÑ°iÅ>ÓÈÑ $ 1.08 $ 1.30 $ 1.45 $ 2.26 $ 6.06*
ÑÑÈVÓÞi`Ñ°iÅ>ÓÈÑ Ñ 0.05 0.05
Total $ 1.08 $ 1.30 $ 1.45 $ 2.31 $ 6.11*
Ñ >ÈV\ÑÑ Ñ Ñ
Ñ ÑÑ ÓÞÑ°iÅ>ÓÈÑ Ñ $ 1.09 $ 1.31 $ 1.47 $ 2.30 $ 6.15*
ÑÑÈVÓÞi`Ñ°iÅ>ÓÈÑ Ñ 0.05 0.05
Total $ 1.09 $ 1.31 $ 1.47 $ 2.35 $ 6.20*
ä`i`ÈÑ°iÅÑÈ>ÅiÑwÑVÑÈÓVÑ $ 0.20 $ 0.30 $ 0.30 $ 0.30 $ 1.10
-ÓVÑ°ÅViÈ\II
Ñ ÑÑ Ñ$ 85.00 $ 84.45 $ 83.79 $ 97.88
Low 78.93 76.07 72.80 81.56
* Earnings Per Share (EPS) in each quarter is computed using the weighted-average number of shares outstanding during that quarter while EPS for the full year is computed using the
weighted-average number of shares outstanding during the year. Thus, the sum of the four quarter’s EPS does not equal the full-year EPS.
II The stock prices reflect the high and low prices for IBM’s common stock on the New York Stock Exchange composite tape for the last two years.