In addition to the information presented here, you can click on the links below to download this page
and a statement of IBM's Return On Invested Capital (ROIC).
|
IBM's 2010 roadmap objective is to deliver $10 to $11 of earnings per share through a combination of revenue growth, margin improvement, effective capital deployment and savings from retirement related plans. |
- Delivered 36% Yr/Yr EPS growth in 1Q '08, continuing to make progress towards our 2010 roadmap
- Services momentum continued with strong revenue and profit performance
- Systems and Technology had successful z10 launch
- Software continued to enhance capabilities with Cognos acquisition
- Improved US performance and continued strong growth in emerging markets
($ in Billions)
($ in Billions)
In an effort to provide additional and useful information regarding the company’s results as determined by generally accepted accounting principles (GAAP), these materials contain the following non-GAAP financial measures: (i) revenue at constant currency, ii) operating cash flow excluding Global Financing recievables and (iii) ROIC. For reconciliation to GAAP and other information about (i) revenue at constant currency and (ii) operating cash flow excluding Global Financing receivables for the first quarter 2008, see "Non-GAAP Supplementary Materials" in the Form 8K submitted to the SEC on April 16, 2008. For reconciliation to GAAP and other information about operating cash flow excluding Global Financing receivables for 2007, see "Non-GAAP Supplementary Materials" in the initial Form 8K submitted to the SEC on March 6, 2008. For reconciliation to GAAP and other information about ROIC, see the pdf above.
|
