<ARTICLE>                 5 
<LEGEND> 
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 
IBM CORPORATION'S FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED 
SEPTEMBER 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO 
SUCH FINANCIAL STATEMENTS. 
</LEGEND> 
<MULTIPLIER>              1,000,000 
        
                                
<PERIOD-TYPE>                     9-MOS 
<FISCAL-YEAR-END>                          DEC-31-1995 
<PERIOD-END>                               SEP-30-1995 
<CASH>                                           6,440
<SECURITIES>                                       511
<RECEIVABLES>                                   13,735
<ALLOWANCES>                                         0
<INVENTORY>                                      6,520
<CURRENT-ASSETS>                                37,642
<PP&E>                                          44,476
<DEPRECIATION>                                  28,043
<TOTAL-ASSETS>                                  77,502
<CURRENT-LIABILITIES>                           29,016
<BONDS>                                              0
<COMMON>                                         7,024
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        253
<OTHER-SE>                                      14,387
<TOTAL-LIABILITY-AND-EQUITY>                    77,502
<SALES>                                         24,131
<TOTAL-REVENUES>                                50,020
<CGS>                                           14,938
<TOTAL-COSTS>                                   28,804
<OTHER-EXPENSES>                                16,136
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 527
<INCOME-PRETAX>                                  5,245
<INCOME-TAX>                                     2,778
<INCOME-CONTINUING>                              2,467
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,467
<EPS-PRIMARY>                                     4.19
<EPS-DILUTED>                                     4.09