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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] November 3, 2021 Kyndryl. IBM distributed 80.1% of its Kyndryl shares to IBM shareholders.
IBM should pay dividends of at least $6.71 per share next year, adding up to roughly $6.2 billion in total dividend expenses. And these costs are becoming a smaller portion of IBM's growing cash flow.
As of 2021, IBM holds the record for most annual U.S. patents generated by a business for 29 consecutive years. [173] [174] [175] In 2001, IBM became the first company to generate more than 3,000 patents in one year, beating this record in 2008 with over 4,000 patents. [11] As of 2022, the company held 150,000 patents. [176]
IBM held a conference named World of Watson, centered around its AI products and Watson, a QA computer AI system in Las Vegas, on October 29 – November 2. [2] IBM delivered several speeches related to Watson's capabilities and its possible integration to health and business sectors, which were criticized 2 years later by IEEE Spectrum to be exaggerated.
So far in 2021, IBM (NYSE:IBM) stock has outperformed stock of cloud czars Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN). Source: shutterstock ...
Analysts have mixed opinions on International Business Machines Corp (NYSE: IBM) post Q4 results. BMO Capital analyst Keith Bachman raised the price target on IBM to $155 from $153 (17% upside ...
The first quarter of the year runs from January through March, the second quarter is from April through June, and so on. But companies operate on business-oriented “fiscal quarters” instead.
International Business Machines Corporation (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.