INTERNATIONAL BUSINESS MACHINES CORP <IBM> NET 1st qtr Shr 1.30 dlrs vs 1.65 dlrs Net 785 mln vs 1.02 billion Gross income 10.68 billion vs 10.13 billion Avg shrs 604.6 mln vs 615.6 mln NOTE: Pretax net 1.34 billion vs 1.83 billion. Sales 6.50 billion vs 6.10 billion, maintenance gross income 1.95 billion vs 1.77 billion, program products gross income 1.40 billion vs 1.15 billion and rentals and other services 825 mln vs 1.10 billion.