1.Decompose IBM's ROE and discuss the factors (and trends) that contribute to Big Blue's profitability:

2. Evaluate IBM's Revenue growth, Receivables, and Gross margins and over the period. Be sure to control for seasonality (e.g., compute the same quarter to same quarter change in these items). 3. Evaluate IBM's Earnings per Share (basic), and Identify the factors most responsible for the increase in IBM's earnings

3. Evaluate IBM's Earnings per Share (basic), and Identify the factors most responsible for the increase in IBM's earnings

http://faculty.fiu.edu/~wheatley/ACG6175/webfiles/IBMbuyback.htm

https://fiu.blackboard.com/bbcswebdav/pid-7147513-dt-content-rid-36300982_1/courses/1158-ACG6175XF1158_hcmbah-80543/Course%20Content/PDF%20Files/IBM_Case-Updated.pdf