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April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
International Business Machines (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.
The company’s shares have skyrocketed 19% since the start of the year and closed at $193.96 on Wednesday, just 6% off of its all-time high of $206.31 from 2013.
The annual worldwide market share of personal computer vendors includes desktop computers, laptop computers, and netbooks but excludes mobile devices, such as tablet computers that do not fall under the category of 2-in-1 PCs. The global market leader has been Lenovo in every year since 2013, followed by HP and Dell.
The software division, where IBM's AI and cloud sales are grouped, saw second-quarter revenue increase 7% year over year to $6.7 billion. This helped its Q2 revenue reach $15.8 billion, up from 15 ...
Those quarterly checks paid $0.0625 per split-adjusted share 30 years ago. Today, the quarterly payout is $1.67 per share, or $6.68 per year. That's a 2,572% increase in three decades. IBM ...
International Business Machines Corporation. International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, [6] is an American multinational technology company headquartered in Armonk, New York and present in over 175 countries. [7][8] IBM is the largest industrial research organization in the world, with 19 research ...
IBM's robust Q2 results drove the stock higher, nearly reaching new all-time highs. Big Blue hasn't ventured anywhere near that milestone since 2013. Why IBM Stock Popped After Tuesday's AI-Themed ...
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