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First, investors should realize that taking a $205 billion market cap to $1 trillion in six years will require an average stock price increase of 30% annually for the next six years.
The analyst notes that IBM projects over 5% total revenue growth from 2025 to 2027, including M&A, with pre-tax margin and FCF growth outpacing re IBM Story Is Underappreciated, Goldman Sachs Says ...
Sales are up by 4.5% in two years, in spite of significant currency exchange headwinds. Free cash flow rose by 61% over the same time span. A leaner, meaner IBM should continue to grow its cash ...
Over the next five years, IBM provides more than $30 million in products and support to a supercomputer facility established at Cornell University in Ithaca, New York. [211] 1985: Token Ring Network. IBM's Token Ring technology brings a new level of control to local area networks and quickly becomes an industry standard for networks that ...
The British Tabulating Machine Company (BTM) was a firm which manufactured and sold Hollerith unit record equipment and other data-processing equipment. During World War II , BTM constructed some 200 " bombes ", machines used at Bletchley Park to break the German Enigma machine ciphers.
Officially formed in late 2021, Kyndryl was created from the spin-off of IBM's infrastructure services, [4] [5] and comprises the bulk of the former IBM Global Technology Services. [ 11 ] [ 12 ] At year-end 2020, the spin-off had a portfolio of around 4,400 customers, including 75% of the Fortune 100.
IBM has a history of returning value to shareholders through dividends. However, company shares have been disappointing in recent years. It has yet to exceed an all-time high of $206 set in 2013 ...
IBM was forced to drop its price from $13.5 million to only $7.78 million and withdrew the 7030 from sales to customers beyond those having already negotiated contracts. PC World magazine named Stretch one of the biggest project management failures in IT history.