International Business Machines (IBM)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-1978 | |
| Sales | 21,076,000 |
| Cost of Goods | 7,484,000 |
| Gross Profit | 13,592,000 |
| Operating Expenses | 8,151,000 |
| Operating Income | 5,441,000 |
| Interest Expense | 55,000 |
| Other Income | 412,000 |
| Pre-tax Income | 5,798,000 |
| Income Tax | 2,687,000 |
| Net Income Continuous | 3,111,000 |
| Net Income | $3,111,000 |
| EBITDA(a) | $5,441,000 |