| Income Statement for EMC Corp. |
| (Amounts are in millions) |
|
12/2009 |
|
12/2008 |
|
12/2007 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$14,025.91 |
|
$14,876.16 |
|
$13,230.20 |
| Cost of Goods Sold |
|
$6,281.01 |
|
$6,653.79 |
|
$6,018.87 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$7,744.89 |
|
$8,222.36 |
|
$7,211.32 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$1,627.50 |
|
$1,807.11 |
|
$1,526.92 |
| Selling, General, & Admin. Expense |
|
$4,703.11 |
|
$4,846.32 |
|
$3,912.68 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$1,414.27 |
|
$1,568.93 |
|
$1,771.71 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
$142.80 |
|
$207.64 |
|
$360.71 |
| Interest Expense |
|
$182.49 |
|
$73.77 |
|
$72.85 |
|
|
|
|
|
|
|
| Pretax Income |
|
$1,374.57 |
|
$1,702.80 |
|
$2,059.56 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$252.77 |
|
$312.51 |
|
$378.44 |
| Minority Interest |
|
$33.72 |
|
$44.72 |
|
$15.45 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$1,088.07 |
|
$1,345.56 |
|
$1,665.66 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$1,088.07 |
|
$1,345.56 |
|
$1,665.66 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$0.56 |
|
$0.66 |
|
$0.80 |
| Diluted Earnings Per Share |
|
$0.55 |
|
$0.64 |
|
$0.77 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
2,022.37 |
|
2,048.51 |
|
2,079.54 |
| Weighted Average Diluted Shares Outstanding |
|
2,055.15 |
|
2,079.85 |
|
2,157.87 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$1,274.27 |
|
$1,641.36 |
|
$1,550.52 |
| Income From Non-Recurring Items |
|
($150.30) |
|
($295.79) |
|
$115.15 |
| Diluted Earnings Per Share before extras |
|
$0.62 |
|
$0.79 |
|
$0.72 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
