Basic Company Data Data as of: March 9, 2011 Current Price $167.

12
Symbol IBM INTL BUSINESS MACHINES CORP H&C Composite Score
Description International Business Machines Corporation (IBM) provides computer solutions
Buy
through the use of advanced information technology. The Company's solutions
include technologies, systems, products, services, software, and financing. IBM
offers its products through its global sales and distribution organization, as
5.5
well as through a variety of third party distributors and resellers.

Sector Information Technology

Industry Software & Services 0 1 2 3 4 5
Last Report Date 1/18/2011 Technical Score Fundamental Score
Earnings Date 4/19/2011 IPO Date 5/8/1916
Fundamentals Technicals
Market Cap. $203.8 B BETA 0.72 Price $167.12 MACD Overbought
Price/Earnings 14.46 1Yr. EPS Growth Rate % 15.51% 50-Day MA $157.31 Stochastics Trend Up
Forward Price/Earnings 11.61 5Yr. Avg. EPS Growth Rate % 14.72% 200-Day MA $139.77 RSI Signal Trend Up
Price/Book 8.90 EPS Growth QoQ 16.43% 50/200 Day MA $17.54 S/T Trend Up
Forward PEG Ratio 1.15 Revenue Growth QoQ 6.57% Volume Pressure 1.59 L/T Trend Up
Return on Equity 79.46 Dividend Yield 1.56% Average Daily Volume 4,966,884 Bull / Bear Bear Trend
LT Debt/Equity 94.79% Cash Flow Per Share 15.41 M-Score (0 - 100%) 72%
H&C Fundamental Score 2.1 H&C Technical Score 3.3
Ownership Data
Inst. Buy/Sell Ratio 1.83 Management Ownership 0.12% 50 Day Moving Average S/T Support L/T Support
% Change of Insider Holdings -0.14% Short Interest Ratio 3.00 20 Day Moving Average S/T Resistance L/T Resistance

INTL BUSINESS MACHINES CORP $168

$166
$164
$162
$160
$158
$156
$154
$152
$150
$148
$146
$144
$142
$140
$138
$136
$134

20.0
Bull Trend Bear Trend
10.0

0.0

-10.0
3.5
Up / Down Volume Ratio 3.0
2.5
2.0
1.5
1.0
0.5
0.0
150

100

50

0
11-Nov-10 26-Nov-10 10-Dec-10 27-Dec-10 10-Jan-11 25-Jan-11 8-Feb-11 23-Feb-11 9-Mar-11
Volume x100,000
Fundamentals
INTL BUSINESS MACHINES CORP
1
Earnings Per Share 2
Reported Estimate Target Price 19 Reported Estimate
$5.00 $200
$4.50 $180
$4.00 $160
$3.50 $140
$3.00 $120
$2.50 $100

$2.00 $80

$1.50 $60

$1.00 $40

$0.50 $20

$0.00 $0

Total Revenues 1
Reported Estimate
Ownership EPS & Revenue Growth
Investment Advisor 86.14% Quarter EPS Growth Rev. Growth
$35,000
Pension Fund (ERISA) 4.42% FQ1 2009 3% -11%
Insurance Company 3.35% FQ2 2009 17% -13%
$30,000
Hedge Fund Manager 3.22% FQ3 2009 17% -7%
Mutual Fund Manager 1.27% FQ4 2009 9% 1%
$25,000 Bank 0.79% FQ1 2010 15% 5%
Corporation 0.42% FQ2 2010 13% 2%
$20,000 Individual 0.19% FQ3 2010 18% 3%
FQ4 2010 16% 7%
$15,000
Top Holders and % Outstanding Forward Growth Estimates
$10,000 STATE STREET CORP 5.27% Quarter EPS Growth Rev. Growth
VANGUARD GROUP INC 3.91% FQ1 2011 18% 5%
BLACKROCK INSTITUTIO 2.52% FQ2 2011 15% 6%
$5,000
WELLINGTON MANAGEMEN 1.69% FQ3 2011 12% 5%
NORTHERN TRUST CORPO 1.43% FQ4 2011 11% 3%
$0
BANK OF NEW YORK MEL 1.40%
STATE FARM MUTUAL AU 1.37%
CAPITAL WORLD INVEST 1.34%

Largest Geographic Segmentation of Revenue Product Segmentation of Revenue

Yearly Yearly
Segment Name FY 2010 FY 2009 FY 2008 FY 2007 FY 2006 Segment Name FY 2010 FY 2009 FY 2008 FY 2007 FY 2006
Americas 42,044.00 40,184.00 42,807.00 41,122.00 39,511.00 Global Services $56,427.00 $55,000.00 $58,894.00 $54,144.00 $48,292.00
Europe, Middle East & Africa 31,866.00 32,583.00 37,020.00 34,699.00 30,491.00 Software $22,485.00 $21,397.00 $22,090.00 $19,982.00 $18,161.00
Asia Pacific 23,150.00 20,710.00 21,111.00 19,501.00 17,566.00 Systems and Technology $17,973.00 $16,190.00 $19,287.00 $21,316.00 $21,969.00
Other Asia Pacific 12,449.00 #N/A N/A #N/A N/A #N/A N/A #N/A N/A Global Financing $2,238.00 $2,302.00 $2,559.00 $2,502.00 $2,365.00
Other Americas 6,463.00 #N/A N/A #N/A N/A #N/A N/A #N/A N/A Other Revenue & Adjustments $747.00 $869.00 $800.00 $842.00 $637.00
Original Equipment Manufacturer 2,810.00 2,282.00 2,691.00 3,465.00 3,856.00

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3/9/2011