UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: May 14, 2003
(Date of earliest event reported)
INTERNATIONAL BUSINESS MACHINES CORPORATION
(Exact name of registrant as specified in its charter)
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New York |
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1-2360 |
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13-0871985 |
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(State of Incorporation) |
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(Commission File Number) |
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(IRS employer Identification No.) |
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ARMONK, NEW YORK |
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10504 |
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(Address of principal executive offices) |
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(Zip Code) |
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914-499-1900
(Registrant’s telephone number)
Item 5. Other Events
Attachment I of this Form 8-K is IBM’s Chairman and CEO Samuel J. Palmisano’s charts presented at the 2003 Spring Security Analyst Meeting held on Wednesday, May 14, 2003.
IBM’s web site (www.ibm.com) contains a significant amount of information about IBM, including financial and other information for investors (www.ibm.com/investor/). IBM encourages investors to visit its various web sites from time to time, as information is updated and new information is posted.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Date: May 14, 2003
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By: |
/s/ Andrew Bonzani |
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(Andrew Bonzani) |
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Assistant Secretary & |
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Associate General Counsel |
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[LOGO]
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Spring Security Analyst Meeting / May 14, 2003 |
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© 2003 IBM Corporation |
1
Certain
comments made in this presentation may
be characterized as forward looking under the
Private Securities Litigation Reform Act of 1995.
Those
statements involve a number of factors that
could cause actual results to differ materially.
Additional
information concerning these factors
is contained in the Company’s filing with the SEC.
Copies are available from the SEC, from the IBM
web site, or from IBM Investor Relations.
2
[LOGO]
2003 Spring Security Analyst Meeting
Sam Palmisano
Chairman
and CEO
IBM
Corporation
May 14, 2003
IT Industry Remains a Growth Industry
IT Industry Growth vs. WW GDP Growth
[CHART]
* Source: IBM/Government Statistics
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Spring Security Analyst Meeting / May 14, 2003 / IBM Confidential |
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© 2003 IBM Corporation |
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IT Investments Drive Productivity
[CHART]
Source: OECD, Paris 2002
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[LOGO]
What Will Reignite Growth in the IT Industry?
[CHART]
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The Promise of e-business On Demand
An enterprise whose business
processes—integrated end-to-end
across the company and with key
partners, suppliers and customers—
can respond with speed to any
customer demand, market
opportunity or external threat
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The Promise of e-business On Demand
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Responsive
Variable
Focused
Resilient |
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An enterprise whose business
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Open
Integrated
Virtual
Autonomic |
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Organization-wide Integration Driving Productivity
[CHART]
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[LOGO]
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I. |
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Helping customers become “on demand” businesses |
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II. |
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Evolving the computing model to an on demand operating environment |
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III. |
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Establishing utility computing—computing on demand as viable and attractive option for accessing and paying for IT |
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IBM On Demand Marketplace Traction
Business Transformation
[LOGOS]
Operating Environment
[LOGOS]
Financial & Utility Offerings
[LOGOS]
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[LOGO]
Where is Value in the IT Industry?
[CHART]
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Operating Profit |
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1995 |
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2000 |
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2005 |
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Trend* |
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Business Value |
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14 |
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21 |
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33 |
% |
/\ |
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Infrastructure Value |
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Services & Software |
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28 |
% |
25 |
% |
32 |
% |
/\ |
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Server/Storage |
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13 |
% |
13 |
% |
6 |
% |
\/ |
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Clients |
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11 |
% |
6 |
% |
4 |
% |
\/ |
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Component Value |
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34 |
% |
35 |
% |
25 |
% |
\/ |
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*2000-2005 trend shown Source: IBM Analysis, 1H03
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[LOGO]
Where Will IBM Play and How Will We Perform?
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Business Value |
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• Acquisition of PwCC / formation of BCS
• Launch of Business Transformation Outsourcing
• Debut of Research’s On Demand Innovation Services
• Ongoing investments in Emerging Bus. Opps. |
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Infrastructure Value
Services
Software
Hardware |
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• Acquisition of 7 software firms, including Rational
• $65.2B in services / signings
• Leveraging R&D for leadership
• Took $5.6B in costs via on demand supply chain |
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Component Value |
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• #1 inventor for 10th straight year
• Opening of 300mm plant
• HDD partnership with Hitachi |
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[CHART]
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IBM Driving to Lead Market Share
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1998 |
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2002 |
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2002 Oppty |
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Businesses |
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Rank |
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Rank |
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($B) |
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• Professional Services |
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#2 |
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#1 |
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270 |
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• Strategic Outsourcing |
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#1 |
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#1 |
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122 |
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• Information Technology Services |
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#1 |
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#1 |
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58 |
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• Web Services |
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N/A |
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#1 |
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10 |
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• Data Management |
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#2 |
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#2 |
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23 |
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• Systems Management |
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#2 |
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#2 |
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18 |
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• Server |
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#1 |
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#1 |
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51 |
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• Storage |
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#3 |
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#2 |
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73 |
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Source: Industry Estimates
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[LOGO]
2003 Spring Security Analyst Meeting
[LOGO]
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Spring Security Analyst Meeting / May 14, 2003 |
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© 2003 IBM Corporation |
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