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IBM is having a rough year , producing a negative 6% return so far. The company had a wonderful come-back in the 90s thanks to its cost reductions and shift toward software and consulting, which ...
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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.
IBM's market capitalization was valued at over $153 billion as of May 2024. [118] Despite its relative decline within the technology sector, [119] IBM remains the seventh largest technology company by revenue, and 67th largest overall company by revenue in the United States.
The woes continue for International Business Machines (NYSE:IBM). A UBS analyst downgraded IBM stock on concerns that the Red Hat acquisition would not contribute as much to earnings as ...
The IBM PC was difficult to obtain for several years after its introduction. Many makers of MS-DOS computers intentionally avoided full IBM compatibility because they expected that the market for what InfoWorld described as "ordinary PC clones" would decline.
With only a few more trading days left in 2013, it appears International Business Machines will end 2013 as the worst performing Dow Jones Industrial Average component of the year. Shares are ...
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]