%0 Journal Article %T Universality of Newton's method %A A. G. Ramm %J Mathematics %D 2009 %I arXiv %X Convergence of the classical Newton's method and its DSM version for solving operator equations $F(u)=h$ is proved without any smoothness assumptions on $F'(u)$. It is proved that every solvable equation $F(u)=f$ can be solved by Newton's method if the initial approximation is sufficiently close to the solution and $||[F'(y)]^{-1}||\leq m$, where $m>0$ is a constant. %U http://arxiv.org/abs/0911.0410v1