| ($ in millions except per share amounts and stock prices) | |||||
| 2008: | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Full Year |
|---|---|---|---|---|---|
| Revenue | $24,502 | $26,820 | $25,302 | $27,006 | $103,630 |
| Gross profit | $10,166 | $11,599 | $10,959 | $12,936 | $45,661 |
| Income from continuing operations | $2,319 | $2,765 | $2,824 | $4,427 | $12,334 |
| Income/(loss) from discontinued operations | — | — | — | — | — |
| Net income | $2,319 | $2,765 | $2,824 | $4,427 | $12,334 |
| Earnings per share of common stock: | |||||
| Assuming dilution: | |||||
| Continuing operations | $1.65 | $1.98 | $2.05 | $3.28 | $8.93* |
| Discontinued operations | — | — | — | — | — |
| Total | $1.65 | $1.98 | $2.05 | $3.28 | $8.93* |
| Basic: | |||||
| Continuing operations | $1.68 | $2.02 | $2.09 | $3.31 | $9.07* |
| Discontinued operations | — | — | — | — | — |
| Total | $1.68 | $2.02 | $2.09 | $3.31 | $9.07* |
| Dividends per share of common stock | $0.40 | $0.50 | $0.50 | $0.50 | $1.90 |
| Stock prices:** | |||||
| High | $119.78 | $129.99 | $130.92 | $116.80 | |
| Low | 97.04 | 113.86 | 109.95 | 69.50 | |
| ($ in millions except per share amounts and stock prices) | |||||
| 2007: | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Full Year |
|---|---|---|---|---|---|
|
* 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 quarters’ EPS does not equal the full-year EPS. ** 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. |
|||||
| Revenue | $22,029 | $23,772 | $24,119 | $28,866 | $98,786 |
| Gross profit | $8,866 | $9,938 | $9,956 | $12,970 | $41,729 |
| Income from continuing operations | $1,844 | $2,261 | $2,362 | $3,951 | $10,418 |
| (Loss)/income from discontinued operations | — | (1) | (1) | 1 | (00) |
| Net income | $1,844 | $2,260 | $2,361 | $3,952 | $10,418 |
| Earnings/(loss) per share of common stock: | |||||
| Assuming dilution: | |||||
| Continuing operations | $1.21 | $1.55 | $1.68 | $2.80 | $7.18* |
| Discontinued operations | — | (0.00) | (0.00) | 0.00 | (0.00) |
| Total | $1.21 | $1.55 | $1.68 | $2.80 | $7.18* |
| Basic: | |||||
| Continuing operations | $1.23 | $1.57 | $1.72 | $2.85 | $7.32* |
| Discontinued operations | — | (0.00) | (0.00) | 0.00 | (0.00) |
| Total | $1.23 | $1.57 | $1.72 | $2.86 | $7.32* |
| Dividends per share of common stock | $0.30 | $0.40 | $0.40 | $0.40 | $1.50 |
| Stock prices:** | |||||
| High | $100.90 | $108.04 | $118.89 | $121.45 | |
| Low | 88.77 | 93.92 | 104.58 | 99.27 | |
