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International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, [6] is an American multinational technology company headquartered in Armonk, New York and present in over 175 countries. [7] [8] It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average.
IBM still doesn't have much direct exposure to the higher-growth cloud-infrastructure market, which is dominated by Amazon Web Services (AWS), Microsoft Azure, and Alphabet's Google Cloud. Instead ...
International Business Machines (IBM) is a multinational corporation specializing in computer technology and information technology consulting. Headquartered in Armonk, New York, the company originated from the amalgamation of various enterprises dedicated to automating routine business transactions, notably pioneering punched card-based data tabulating machines and time clocks.
Strong software sales and demand for AI services offset consulting weakness and an infrastructure slump.
Immediately afterwards, the IBM PC Co. was dissolved and merged into IBM Personal Systems Group. [13] On September 14, 2004, LG and IBM announced that their business alliance in the South Korean market would end at the end of that year. Both companies stated that it was unrelated to the charges of bribery earlier that year.
IBM still sees full-year free cash flow, a measure closely watched by analysts, at $10.5 billion, ahead of estimates of $10.28 billion. ... Ines is a senior business reporter for Yahoo Finance ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
In recent months, it seemed like International Business Machine (NYSE:IBM) stock had finally found its stride. The company's shares have been on a roller coaster over the past year after closing ...