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The analyst notes the stock should continue to rise, as IBM has outlined a credible strategy to sustain accelerated long-term Software revenue growth of around 10%, surpassing their previous ...
International Business Machines (NYSE: IBM) stock soared 13.6% through 11:10 a.m. Thursday morning after the tech giant beat on both sales and earnings last night.. Analysts had forecast IBM would ...
Based on the current market capitalization, IBM stock trades for roughly 17.5 times that free cash flow guidance. The stock isn't a clear-cut bargain, but it's not expensive either.
IBM's AI book is dominated by its consulting business, which accounts for about 80% of it. Software forms the rest. But revenue from the consulting segment fell about 2% to $5.2 billion in the ...
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International Business Machines (NYSE: IBM) may finally be ready for a comeback. The stock finally surpassed its all-time high from 2013 this year, and with its transformation into a cloud and ...
After IBM introduced the IBM PC, it was not until 1984 that IBM PC and clones became the dominant computers. [4] In 1983, Byte forecast that by 1990, IBM would command only 11% of business computer sales. Commodore was predicted to hold a slim lead in a highly competitive market, at 11.9%.
IBM is a good stock to own, given its combination of revenue growth and history of dividend increases. For these reasons, and its more than 100 years in business, Big Blue is a reliable stock for ...