Item 2.02. Results of Operations and Financial Condition.

The registrant's press release dated January 17, 2008, regarding its financial results for the periods ended December 31, 2007, including consolidated financial statements for the periods ended December 31, 2007, is Attachment I of this Form 8-K. Attachment II are the slides for IBM's Chief Financial Officer Mark Loughridge's fourth quarter earnings presentation on January 17, 2008, as well as certain reconciliation and other information ("Non-GAAP Supplementary Materials") for information in Attachment I (press release), Attachment II (slides) and in Mr. Loughridge's presentation. All of the information in Attachments I and II is hereby filed except for the following, which is furnished but not filed:

Press Release

The following statement on Page 1: "Revenues were flat excluding the year-to-year impact of the Printing Systems Division divestiture in June 2007."

Slides

On Slide 3 (4Q 2007 Summary), the following information: "Revenue flat*"

On Slide 10 (Revenue by Segment), the data in the row identified as "without Printers".

On Slide 14 (Systems & Technology Segment):

- the data in the row identified as "without Printers" for the two columns under "B/(W) Yr/Yr"

- the data in the row identified as "Total Systems & Technology w/o Printers"

On Slide 24 (Supplemental Segment Information - 4Q 2007), the data in the row identified as "Total Systems & Technology without Printers"

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.

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