International Business Machines Corporation

(NYSE:IBM)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Operating revenue
Total Revenue	25,302,000	26,820,000	24,502,000	28,866,000
Operating Revenue	25,302,000	26,820,000	24,502,000	28,866,000
Adjustments To Revenue	—	—	—	—
Cost Of Sales	13,042,000	13,901,000	13,058,000	14,379,000
Cost Of Sales With Depreciation	14,342,000	15,221,000	14,336,000	15,897,000
Gross Operating Profit	12,260,000	12,919,000	11,444,000	14,487,000
Operating Expenses
Research And Development Expenses	1,579,000	1,660,000	1,569,000	1,585,000
Selling General And Administrative Expenses	5,252,000	5,867,000	5,255,000	7,134,000
Advertising Expenses	313,000	339,000	296,000	-910,000
Operating Income Before Depreciation	5,116,000	5,053,000	4,324,000	6,678,000
Operating Income	—	—	—	—
Depreciation	1,379,000	1,403,000	1,347,000	1,337,000
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	79,000	83,000	69,000	-181,000
Operating Income After Depreciation	3,737,000	3,650,000	2,977,000	5,341,000
Non Operating Expenses
Interest Expense	159,000	145,000	178,000	215,000
Pre Tax Income	3,897,000	3,814,000	3,198,000	5,488,000
Income Taxes	1,071,000	1,049,000	879,000	1,537,000
Minority Interest	—	—	—	—
Income Before Income Taxes	3,895,000	3,814,000	3,198,000	5,488,000
Net Income From Continuing Operations	2,824,000	2,765,000	2,319,000	3,951,000
Net Income From Discontinued Operations	—	—	—	1,000
Net Income From Total Operations	2,824,000	2,765,000	2,319,000	3,952,000
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	2,824,000	2,765,000	2,319,000	3,952,000
Normalized Income	2,824,000	2,765,000	2,319,000	3,924,000
NetIncome Available For Common	2,824,000	2,765,000	2,319,000	3,951,000
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Operating revenue
Total Revenue	98,786,000	91,424,000	91,134,000	96,293,000
Operating Revenue	98,786,000	91,424,000	91,134,000	96,293,000
Adjustments To Revenue	—	—	—	—
Cost Of Sales	51,856,000	48,146,000	49,414,000	55,346,000
Cost Of Sales With Depreciation	57,057,000	53,129,000	54,602,000	60,261,000
Gross Operating Profit	46,930,000	43,278,000	41,720,000	40,947,000
Operating Expenses
Research And Development Expenses	6,153,000	6,107,000	5,842,000	5,673,000
Selling General And Administrative Expenses	22,060,000	20,259,000	21,314,000	19,384,000
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	18,717,000	16,912,000	14,564,000	15,890,000
Operating Income	—	—	—	—
Depreciation	5,201,000	4,983,000	5,188,000	4,915,000
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	13,516,000	11,929,000	9,376,000	10,975,000
Non Operating Expenses
Interest Expense	611,000	278,000	220,000	139,000
Pre Tax Income	14,489,000	13,317,000	12,226,000	12,028,000
Income Taxes	4,071,000	3,901,000	4,232,000	3,580,000
Minority Interest	—	—	—	—
Income Before Income Taxes	14,489,000	13,317,000	12,226,000	12,028,000
Net Income From Continuing Operations	10,418,000	9,416,000	7,994,000	8,448,000
Net Income From Discontinued Operations	—	76,000	-24,000	-18,000
Net Income From Total Operations	10,418,000	9,492,000	7,970,000	8,430,000
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	-36,000	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	10,418,000	9,492,000	7,934,000	8,430,000
Normalized Income	10,418,000	9,409,000	7,994,000	8,448,000
NetIncome Available For Common	10,418,000	9,416,000	7,994,000	8,448,000
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—