Financial Highlights

•Diluted earnings per share of $2.61, up 13 percent;
•30 consecutive quarters of EPS growth, 12 of last 14 at double digits;
•Full-year 2010 EPS expectations raised to at least $11.25;
•Net income of $3.4 billion, up 9 percent;
•Pre-tax income of $4.6 billion, up 7 percent;
•Pre-tax margin of 19.3 percent, up 1 point;
•Revenue of $23.7 billion, up 2 percent, as reported and adjusting for currency;
•Growth markets revenue up 14 percent; first-half revenue as large as total Euro zone revenue;
•BRIC countries revenue up 22 percent;
•Business Analytics revenue up 14 percent;
•Software revenue up 2 percent, 6 percent excluding divested PLM operations;
•Systems and Technology revenue up 3 percent;
•Services revenue up 2 percent;
•Services backlog of $129 billion, up $1 billion, adjusting for currency.

http://www-03.ibm.com/press/us/en/pressrelease/32144.wss