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International Business Machines Corp (IBM)At 10:30AM ET: 94.79  Up 0.28 (0.30%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING30-Sep-0430-Jun-0431-Mar-0431-Dec-03
Total Revenue23,429,000  23,153,000  22,250,000  25,913,000  
Cost of Revenue14,783,000  14,628,000  14,241,000  15,938,000  
Gross Profit8,646,000  8,525,000  8,009,000  9,975,000  
Operating Expenses
Research Development1,419,000  1,426,000  1,367,000  1,349,000  
Selling General and Administrative4,978,000  4,632,000  4,484,000  4,874,000  
Non Recurring612,000  (612,000) -  887,000  
Others -   -   -   -  
Total Operating Expenses -   -   -   -  
Operating Income or Loss1,637,000  3,079,000  2,158,000  2,865,000  
Income from Continuing Operations
Total Other Income/Expenses Net926,000  (203,000)167,000  1,044,000  
Earnings Before Interest And Taxes2,563,000  2,876,000  2,325,000  3,909,000  
Interest Expense32,000  33,000  35,000  31,000  
Income Before Tax2,531,000  2,843,000  2,290,000  3,878,000  
Income Tax Expense731,000  853,000  687,000  1,162,000  
Minority Interest -   -   -   -  
Net Income From Continuing Ops1,800,000  1,990,000  1,603,000  2,716,000  
Non-recurring Events
Discontinued Operations -  (2,000)(1,000)(7,000)
Extraordinary Items -   -   -   -  
Effect Of Accounting Changes -   -   -   -  
Other Items -   -   -   -  
Net Income1,800,000  1,988,000  1,602,000  2,709,000  
Preferred Stock And Other Adjustments -   -   -   -  
Net Income Applicable To Common Shares$1,800,000  $1,988,000  $1,602,000  $2,709,000  

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