| Business Summary | | International
Business
Machines
Corporation
(IBM)
uses
advanced
information
technology
to
provide
customer
solutions.
The
Company
operates
using
several
segments
that
create
value
by
offering
a
variety
of
solutions,
including,
either
singularly
or
in
some
combination,
technologies,
systems,
products,
services,
software
and
financing.
Organizationally,
the
Company's
three
hardware
product
segments
are
comprised
of
Technology,
Personal
Systems
and
Enterprise
Systems.
IBM's
other
major
operations
consist
of
a
Global
Services
segment,
a
Software
segment,
a
Global
Financing
segment
and
an
Enterprise
Investments
segment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IBM
provides
customer
solutions
through
the
use
of
advanced
information
technology.
These
solutions
include
technologies,
systems,
products,
services,
software
and
financing.
For
the
six
months
ended
6/30/01,
total
revenues
rose
4%
to
$42.61
billion.
Net
income
applicable
to
Common
rose
10%
to
$3.79
billion.
Revenues
reflect
higher
Global
Services
revenues.
Net
income
also
reflects
improved
margins
in
the
Hardware
and
Global
Financing
segments
and
lower
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Louis Gerstner, Jr., 59 Chairman,
CEO | $14.0M | $59.9M | Samuel Palmisano, 49 Pres,
COO, Director | 4.6M | -- | John Thompson, 58 Vice
Chairman | 4.3M | -- | John Joyce, 47 CFO,
Sr. VP | -- | -- | Lawrence Ricciardi, 60 Sr.
VP and Gen. Counsel | 3.7M | 6.6M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|