International Business Machines Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 19, 2021 at 04:08 pm EDT
Share
International Business Machines Corporation announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 18,745 million compared to USD 18,123 million a year ago. Net income was USD 1,325 million compared to USD 1,361 million a year ago. Basic earnings per share was USD 1.48 compared to USD 1.53 a year ago. Diluted earnings per share was USD 1.47 compared to USD 1.52 a year ago. For the half year, total revenue was USD 36,474 million compared to USD 35,694 million a year ago. Net income was USD 2,280 million compared to USD 2,536 million a year ago. Basic earnings per share was USD 2.55 compared to USD 2.85 a year ago. Diluted earnings per share was USD 2.52 compared to USD 2.83 a year ago.
International Business Machines Corporation (IBM) is one of the world's leading computer services companies. Net sales break down by activity as follows:
- cognitive solutions and transaction processing software development (41.4%);
- IT services (31.6%): consulting (management of logistic chains, financial performance, CRM, human resources, etc.), application management, systems integration, cloud computing, hosting, technical support services, etc.;
- sale of IT infrastructure (25.3%): hybrid IT infrastructure solutions, microcomputers, servers, peripheral devices, networks, data storage equipment, etc.;
- financing of computer equipment (1%);
- other (0.7%).
Net sales are distributed geographically as follows: the United States (41.5%), Americas (9.8%), Europe/Middle East/Africa (29.7%), Japan (9%) and Asia/Pacific (10%).
IBM 
