Financial Summary (All financials)
In millions, except per share items | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Dec-31-03 | Dec-31-02 | Dec-31-01 | Dec-31-00 |
Revenues | 29,430.7 | 28,699.4 | 24,154.9 | 20,235.0 | 18.0 | 0.0 | 0.0 | 0.0 |
Revenue growth | 2.5% | 18.8% | 19.4% | 112614.8% | | | | |
Cost of goods sold | 188.0 | 175.4 | 177.4 | 198.6 | 0.2 | 0.0 | 0.0 | 0.0 |
Gross profit | 29,242.8 | 28,523.9 | 23,977.4 | 20,036.4 | 17.8 | 0.0 | 0.0 | 0.0 |
Gross margin | 99.4% | 99.4% | 99.3% | 99.0% | 99.0% | | | |
Selling, general and administrative | | | | | | 0.0 | 0.0 | 0.0 |
Sales and marketing | 82.6 | 87.3 | 106.5 | 144.1 | 0.1 | 0.0 | 0.0 | 0.0 |
EBIT | 22,603.6 | 21,843.1 | 17,691.6 | 13,675.3 | 12.4 | 0.0 | 0.0 | 0.0 |
EBIT margin | 76.8% | 76.1% | 73.2% | 67.6% | 69.3% | | | |
Pre-tax income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,073.9 | 1,155.5 | 1,179.4 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 252.1 | 260.6 | 305.0 |
Tax rate | | | | | | 23.5% | 22.6% | 25.9% |
Net income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 821.8 | 894.8 | 874.4 |
Net margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | | | |
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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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