IBM Message Board - Msg: 19693604

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Technology Stocks : IBM

IBM 306.44

-1.9%

Nov 7 9:30 AM EST

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To: hdl who wrote (7981)	1/15/2004 7:51:16 AM
From: Qualified Opinion	Read Replies (1) of 8218

Fourth-quarter total revenue grew 1% based on constant currency. Excerpt from earnings release: "Fourth-quarter revenue growth of 9 percent (1 percent at constant currency) was driven by growth in all geographies. In the Americas, fourth-quarter revenues from continuing operations were $10.6 billion, up 4 percent (1 percent at constant currency) from the same period last year. Revenues from Europe/Middle East/Africa were $9.1 billion, an increase of 17 percent (1 percent at constant currency). Asia-Pacific revenues rose 13 percent (3 percent at constant currency) to $5.4 billion. OEM revenues decreased 14 percent (14 percent at constant currency) to $714 million compared with 2002's fourth quarter."

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