Financial Summary (All financials)
In millions, except per share items | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 |
Revenues | 58,870 | 28,132 | 20,612 | 9,567 |
Revenue growth | 109.3% | 36.5% | 115.4% | |
Cost of goods sold | 48,411 | 22,341 | 14,422 | 7,568 |
Gross profit | 10,459 | 5,791 | 6,190 | 1,999 |
Gross margin | 17.8% | 20.6% | 30.0% | 20.9% |
Selling, general and administrative | 2,960 | 1,062 | 676 | 369 |
EBIT | 7,499 | 4,729 | 5,514 | 1,299 |
EBIT margin | 12.7% | 16.8% | 26.8% | 13.6% |
Pre-tax income | 7,195 | 4,676 | 6,592 | 1,400 |
Income taxes | 1,109 | 881 | 967 | 184 |
Tax rate | 15.4% | 18.8% | 14.7% | 13.1% |
Net income | 6,086 | 3,795 | 5,625 | 1,182 |
Net margin | 10.3% | 13.5% | 27.3% | 12.4% |
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Diluted EPS | $6,086.00 | $3,795.00 | $5,625.00 | $1.83 |
Shares outstanding (diluted) | 1 | 1 | 1 | 647 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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