1. Dec 2005 – Dec 2010

2. Profit and Loss Statement

3. 2009 2008

4. Recession Survival Steel and high tech companies – recession proof IBM is a “software-and-service-oriented” firm. IBM’s integrated approach of performing multiple services to clients. Very intelligent investments in BRIC countries. High cash flow allows IBM to provide good financing.

5. Dec 2009 – Dec 2010 Current Issues - Acquisitions Sterling Commerce, Netezza Corporation, Unica Corporation, OpenPages

6. IBM’s Share Prices are Higher Then Ever.

7. Recent Government Policy Effects To save money on health care and pensions, IBM may cut 300,000 workers by 2017. IBM outsourcing jobs to India because of strong US dollar and weak regulation.

8. Bibliography http://www.google.com/finance 2009 Form 10K Annual Report http://moneymorning.com/2009/01/26/international-business-machines-corp/ http://www.reuters.com/finance/stocks/keyDevelopments?symbol=IBM&pn=5 http://www-03.ibm.com/press/us/en/pressrelease/32514.wss http://www.computerweekly.com/blogs/inside-outsourcing/2010/04/ibm-could-reduce-its- workforce-by-299000-in-seven-years.html http://www.computerweekly.com/blogs/inside-outsourcing/2010/04/ibm-could-reduce-its- workforce-by-299000-in-seven-years.html http://www.cnn.com/2009/US/03/26/ibm.outsourcing/index.html?eref=rss_topstories&utm _source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_topstories+ %28RSS%3A+Top+Stories%29 http://www.cnn.com/2009/US/03/26/ibm.outsourcing/index.html?eref=rss_topstories&utm _source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_topstories+ %28RSS%3A+Top+Stories%29