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    International Business Machines Corporation (IBM)

    -NYSE
    151.93 Up 0.52(0.34%) 4:01PM EST
    |After Hours : 151.93 0.00 (0.00%) 6:39PM EST
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    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingSep 30, 2014Jun 30, 2014Mar 31, 2014Dec 31, 2013
    Total Revenue 21,832,000   24,364,000   22,484,000   28,769,000  
    Cost of Revenue10,805,000  12,389,000  11,941,000  14,611,000  
    Gross Profit 11,027,000   11,975,000   10,543,000   14,158,000  
    Operating Expenses
    Research Development1,159,000  1,457,000  1,501,000  1,935,000  
    Selling General and Administrative5,109,000  5,412,000  6,082,000  5,838,000  
    Non Recurring -   -   -   -  
    Others -   -   -   -  
    Total Operating Expenses -   -   -   -  
    Operating Income or Loss 4,759,000   5,106,000   2,960,000   6,385,000  
    Income from Continuing Operations
    Total Other Income/Expenses Net107,000  200,000  126,000  110,000  
    Earnings Before Interest And Taxes4,867,000  5,306,000  3,085,000  6,495,000  
    Interest Expense127,000  135,000  105,000  113,000  
    Income Before Tax4,740,000  5,171,000  2,980,000  6,382,000  
    Income Tax Expense1,025,000  1,034,000  596,000  563,000  
    Minority Interest -   -   -   -  
    Net Income From Continuing Ops3,716,000  4,137,000  2,384,000  5,818,000  
    Non-recurring Events
    Discontinued Operations(3,698,000) -   -  366,000  
    Extraordinary Items -   -   -   -  
    Effect Of Accounting Changes -   -   -   -  
    Other Items -   -   -   -  
    Net Income 18,000   4,137,000   2,384,000   6,184,000  
    Preferred Stock And Other Adjustments -   -   -   -  
    Net Income Applicable To Common Shares 18,000   4,137,000   2,384,000   6,184,000  

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