International Business Machines Corporation
Industry: Computer Hardware
Fortune Rank: 20
For the nine months ended 30 September 2005, International Business Machines Corp.'s revenues decreased 3% to $66.71B. Net income from continuing operations increased 3% to $4.77B. Revenues reflect the impact of the divested PC business. Higher income for the period reflects an increase in profit margins, a rise in intellectual property and custom development income and higher other income.
International Business Machines Corporation (IBM) is an information technology (IT) company. The Company's major operations comprise a Global Services segment, a Systems and Technology Group, a Personal Systems Group, a Software segment, a Global Financing segment and an Enterprise Investments segment. The majority of the company's enterprise business, which excludes the company's original equipment manufacturer (OEM) technology business, occurs in industries that are broadly grouped into six sectors: financial services, public, industrial, distribution, communications, and small and medium business (mainly companies with less than 1,000 employees). In December 2004, the Company acquired Danish companies Maersk Data and DMdata. In January 2005, IBM acquired SRD, a provider of identity resolution software.
International Business Machines Corporation
International Business Machines Corporation is a Fortune 500 company. In 2010 International Business Machines Corporation was ranked number 20 on the Fortune 500 list, making it the 20th largest company in the United States when judged by revenue.
International Business Machines Corporation achieved revenue of $95,758.00 million in 2010 and earned a profit of $13,425.00 million.
International Business Machines Corporation's rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 14th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $103,630 million (a change of -8 million compared to 2010) and profits of $12,334 million (a change of 1 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then International Business Machines Corporation would be ranked 5th rather than 20th due to its profits of $13,425 in 2010.
International Business Machines... | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 95,758 | 13,425 | 20 |
2009 | 103,630 | 12,334 | 14 |
2008 | 98,786 | 10,418 | 15 |
2007 | 91,424 | 9,492 | 15 |
2006 | 91,134 | 7,934 | 10 |
* US$ Million
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Address
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International Business Machines Corporation
1133 Westchester Avenue
White Plains
NY
10604
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International Business Machines Corporation
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Contact Details
- Phone: 914-499-1900
- Fax: 914-765-7382
- Website: www.ibm.com
- Stock Symbol: IBM
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