INTERNATIONAL BUSINESS MACHINES CORP (IBM)


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April 18, 2024


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About the Company

International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American multinational technology company headquartered in Armonk, New York and present in over 175 countries. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries, having held the record for most annual U.S. patents generated by a business for 29 consecutive years from 1993 to 2021.IBM was founded in 1911 as the Computing-Tabulating-Recording Company (CTR), a holding company of manufacturers of record-keeping and measuring systems. It was renamed "International Business Machines" in 1924 and soon became the leading manufacturer of punch-card tabulating systems. During the 1960s and 1970s, the IBM mainframe, exemplified by the System/360, was the world's dominant computing platform, with the company producing 80 percent of computers in the U.S. and 70 percent of computers worldwide.IBM entered the microcomputer market in the 1980s with the IBM Personal Computer, which soon became known as PC, one of IBM's best selling products. Due to a lack of foresight by IBM, the PC was not well protected by intellectual property laws. As a consequence, IBM quickly began losing its market dominance to emerging competitors in the PC market, while at the same time the openness of the PC platform has ensured PC's longevity as the most popular microcomputer standard. Beginning in the 1990s, the company began downsizing its operations and divesting from commodity production, most notably selling its personal computer division to the Lenovo Group in 2005. IBM has since concentrated on computer services, software, supercomputers, and scientific research. Since 2000, its supercomputers have consistently ranked among the most powerful in the world, and in 2001 it became the first company to generate more than 3,000 patents in one year, beating this record in 2008 with over 4,000 patents. As of 2022, the company held 150,000 patents.As one of the world's oldest and largest technology companies, IBM has been responsible for several technological innovations, including the automated teller machine (ATM), dynamic random-access memory (DRAM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, and the UPC barcode. The company has made inroads in advanced computer chips, quantum computing, artificial intelligence, and data infrastructure. IBM employees and alumni have won various recognitions for their scientific research and inventions, including six Nobel Prizes and six Turing Awards.IBM is a publicly traded company and one of 30 companies in the Dow Jones Industrial Average. It is among the world's largest employers, with over 297,900 employees worldwide in 2022. Despite its relative decline within the technology sector, IBM remains the seventh largest technology company by revenue, and 67th largest overall company by revenue in the United States. It is also consistently ranked among the world's most recognizable, valuable, and admired brands.

Sector

Technology

Industry

Computer & office Equipment

Employees

288300

Exchange

NYSE

$62B

Total Revenue

288K

Employees

$166B

Market Capitalization

24.10

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $IBM News

International Business Machines Corp IBM

1d ago, source: Morningstar

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...

International Business Machines Corporation (IBM) is Attracting Investor Attention: Here is What You Should Know

9d ago, source: Zacks.com on MSN

IBM (IBM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past ...

Short Position in International Business Machines Corporation (IBM) Detracted in Q4

15d ago, source: Hosted on MSN

Diamond Hill Long-Short Fund featured stocks like International Business Machines Corporation (NYSE:IBM) in its Q4 2023 investor letter. Headquartered in Armonk, New York, International Business ...

International Business Machines Dividend Yield Pushes Past 5%

10mon ago, source: Forbes

International Business Machines is an S&P 500 company, giving it special status as one of the large-cap companies making up the S&P 500 Index. In general, dividend amounts are not always ...

Analysts Offer Insights on Technology Companies: International Business Machines (IBM), ServiceNow (NOW) and CommVault Systems (CVLT)

2d ago, source:

Analysts have been eager to weigh in on the Technology sector with new ratings on International Business Machines (IBM – Research Report), ...

Analysts Offer Insights on Technology Companies: International Business Machines (IBM), Microsoft (MSFT) and First Solar (FSLR)

1d ago, source:

Analysts have been eager to weigh in on the Technology sector with new ratings on International Business Machines (IBM – Research Report), ...

International Business Machines Corporation (IBM)

15h ago, source: Yahoo Finance

Here’s Why. International Business Machines stock is trading higher Monday after Evercore ISI analyst Amit Daryanani advised investors to buy shares ahead of the company’s first-quarter ...

International Business Machines Corp

4d ago, source: Morningstar

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...

International Business Machines Corporation (IBM)

1d ago, source: Yahoo Finance

International Business Machines stock is trading higher Monday after Evercore ISI analyst Amit Daryanani advised investors to buy shares ahead of the company’s first-quarter-earnings report on ...

International Business Machines Corp.

10mon ago, source: Wall Street Journal

Earnings Per Share (TTM) A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding. Market Capitalization Reflects the total ...

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