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Today, analyst Andrew Tonner discusses the second-half outlook for tech powerhouse IBM (NYS: IBM) . The company's powerful business model should allow it to continue steady, predictable growth in ...
Strong software sales and demand for AI services offset consulting weakness and an infrastructure slump.
October 8, 2020 – IBM announced it was spinning off the Managed Infrastructure Services unit of its Global Technology Services division into a new public company, an action expected to be completed by the end of 2021. [231] January 21, 2022 – IBM announced that it would sell Watson Health to the private equity firm Francisco Partners. [232]
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Buy and hold is an example of passive management. [3] It has been recommended by Warren Buffett , Jack Bogle , Burton Malkiel , John Templeton , Peter Lynch , and Benjamin Graham since, in the long run, there is a high correlation between the stock market and economic growth .
By the summer of 1993, the IBM PC Co. had divided into multiple business units itself, including Ambra Computer Corporation and the IBM Power Personal Systems Group, the former an attempt to design and market "clone" computers of IBM's own architecture and the latter responsible for IBM's PowerPC-based workstations. [9] [10]