Financial Highlights:

• Diluted earnings per share of $2.82, up 18 percent; 31 consecutive quarters of EPS growth, 13 of last 15 at double digits;
• Full-year 2010 EPS expectations raised to at least $11.40;
• Net income of $3.6 billion, up 12 percent;
• Net margin of 14.8 percent, up 1.1 points;
• Revenue of $24.3 billion, up 3 percent as reported, 4 percent adjusting for currency;
• Growth markets revenue up 16 percent, 13 percent adjusting for currency;
• BRIC countries revenue up 29 percent, 26 percent adjusting for currency;
• Business analytics revenue up 14 percent;
• Systems and Technology revenue up 10 percent, 11 percent adjusting for currency;
• System z mainframe revenue up 15 percent; MIPS up 54 percent;
• Software revenue excluding divested PLM operations, up 4 percent, 6 percent adjusting for currency; up 1 percent including divested PLM operations;
• Services revenue up 2 percent, as reported and adjusting for currency;
• Services backlog of $134 billion, up $5 billion quarter to quarter, down $2 billion adjusting for currency, and flat year over year.

http://www-03.ibm.com/press/us/en/pressrelease/32782.wss