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I suppose that IBM will issue a symbolic quarterly dividend boost of $0.01 per share next year, resulting in a full calendar-year payout of $6.71 per share. Management might have more bullish ...
The company's AI Book of Business - a combination of bookings and actual sales across various products - grew to $2 billion, of which about $1 billion was added in the second quarter.
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]
The good news is that during the third quarter (for the period ended Sept. 30), IBM's software segment revenue increased by 10% from last year, with management noting that its generative AI book ...
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.
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. January 21, 2022 – IBM ...
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 ...
He later became senior vice president of IBM's cloud and cognitive software division. [9] Krishna also led the building and expansion of new markets for IBM in artificial intelligence, cloud, quantum computing, and blockchain technology. [18] [19] He was a driving force behind IBM's $34 billion acquisition of Red Hat, which closed in July 2019 ...
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