View IBM Q2 Earnings Report

Highlights:

• Diluted EPS:
  • GAAP: $3.00, up 15 percent;
  • Operating (non-GAAP): $3.09, up 18 percent;
• Revenue: $26.7 billion, up 12 percent, up 5 percent adjusting for currency;
• Net income:
  • GAAP: $3.7 billion, up 8 percent;
  • Operating (non-GAAP): $3.8 billion, up 11 percent;
• Pre-tax income:
  • GAAP: $4.9 billion, up 7 percent;
  • Operating (non-GAAP): $5.0 billion, up 10 percent;
• Gross profit margin:
  • GAAP: 46.4 percent, up 0.9 points;
  • Operating (non-GAAP): 46.8 percent, up 1.2 points;
• Software revenue up 17 percent, 10 percent adjusting for currency;
• Systems and Technology revenue up 17 percent, 12 percent adjusting for currency:
  • System z mainframe revenue up 61 percent; MIPS up 86 percent;
  • Power Systems up 12 percent;
• Services revenue up 10 percent, 2 percent adjusting for currency;
• Services backlog of $144 billion, up $15 billion;
• Growth markets revenue up 23 percent, 13 percent adjusting for currency;
• Business analytics revenue up more than 20 percent in the first half;
• Smarter Planet revenue up more than 50 percent in the first half;
• Cloud revenue on track to double in 2011;
• Full-year 2011 Operating (non-GAAP) EPS expectations raised to at least $13.25 from at least $13.15.

Key statistics for IBM from Yahoo! Finance

IBM's website

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