- IBM +0.42%
Here is What to Know Beyond Why International Business Machines Corporation (IBM) is a Trending Stock
Yahoo Finance · 7 days ago
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Apr 25, 2024 · Market Cap. $154B. Today's Change. (0.53%) $0.88. Current Price. $167.15. Price as of May 10, 2024, 4:00 p.m. ET. The iconic tech giant is mostly a software and consulting company. International...
- 168.97Add to watchlist+0.71 (+0.42%)At close:4:00 PM EDTThu. May 16, 2024168.88 -0.09 (-0.05%)Pre mkt:4:00 AM EDTFri. May 17, 2024Delayed Quote (USD) · Pre-Market Time
- Open168.26High169.63Low167.79
- Mkt Cap155.22BP/E (TTM)19.16Div & Yield6.68 & 3.95%
- Prev. Close168.2652 Wk. Low125.0152 Wk. High199.18
What analysts are sayingTop storiesRelated stocks
- IBM Still Makes Computers
- Linux
- Sales and Service
- Hosting
- The Cloud
- Machine Learning and Big Data
- What Oracle Has That IBM Doesn’T
- What Does IBM Do?: The Future
It surprises some people to hear, but IBM still makes computers. They don’t make computers that run Windows, but they still make high-end computers that run AIX, their version of Unix. They also make minicomputers and mainframes. These lines of business aren’t glamorous but still have high profit margins and usually include lucrative service and ma...
In both 2001 and 2013, IBM made a public commitment to spend $1 billion in developing Linux. These contributions varied, including making sure Linux ran well on certain IBM hardware, but IBM also contributed code it adapted from its AIX and OS/2 operating systems to add capabilities to Linux. The first of these projects led to a notorious–and long-...
IBM has a significant sales and service arm. They sell their own software, as well as reselling other companies’ software. And in the 1990s, IBM found it was very profitable to install and repair computers, both theirs and other companies’ computers. You can even outsource part or all of your IT department to IBM if you want. One large company I us...
IBM also got into the datacenter/hosting business, competing with companies like Centurylink. Big Blue knows how to run datacenters, so it made sense to extend their expertise in that area to selling it to companies who don’t want to do it themselves.
IBM also competes with Amazon and Microsoft with a cloud hosting architecture. Its offering isn’t as popular as AWS or Azure, but it’s surviving. If you’re buying other things from IBM, it makes sense to consider its cloud offering too.
IBM’s Deep Blue technology famously beat Gary Kasparov at chess in the 1990s. That eventually became a technology it calls Watson, introduced in 2010. Machine learning isn’t quitethe same thing as artificial intelligence, but the idea is for a computer, which never forgets, to soak up as much information as possible and relate it to the problem you...
Oracle’s database is another example of an unpopular product that nobody can get rid of. The difference between IBM and Oracle is that new things continue to be built on Oracle databases, so it’s a field that’s growing. When a company reaches a certain size, there’s no way to get around Oracle. At one time, the same thing was true of an IBM mainfra...
IBM’s transition into these new lines of business came with some pain. Layoffs are relatively common, and it’s left a bad taste in some employees’ mouths. There was a time when you could go to work for a company and expect to spend your whole career there. IBM was one of the last companies where that was still possible. It isn’t anymore, and it’s h...
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2 days ago · See today's IBM stock price NYSE: IBM stock rating along with other necessary investing data points, stock analyst insights, and related news on IBM.
- The Stack
- Mainframes keep giving… IBM’s mainframe business is a highly cyclical one and got a strong boost from its recent launch of the new Z16 mainframe line.
- Not concerned about a market slowdown… Several technology companies have slashed their outlooks in recent months amid recession fears. One of the most dramatic recent moves came from memory firm Micron, which said it would sharply trim supply outlook and now expected 130 million fewer smartphones and 50 million fewer PCs to ship this year.
- Russian pull back, trimmed cash flow forecast sting… Despite income from continuing operations increasing to $1.47 billion from $810 million vs Q2 2021, IBM projected a revised $10 billion in free cash flow for all of 2022, down from the range of $10 billion to $10.5 billion that it provided in April.
- Red Hat remains robust. Red Hat OpenShift revenues are now four and a half times what they were, pre-acquisition, Kavanaugh told analysts in a Q&A on the IBM Q2 earnings call: “We had very strong bookings overall in Red Hat here in the quarter.
Apr 25, 2021 · What does IBM sell today? IBM sells IT services, cloud and cognitive offerings, and enterprise systems and software. The Global Technology Services segment is IBM's biggest revenue source, but Cloud & Cognitive Software is the most profitable. IBM strives to be a leading provider in the hybrid cloud and AI. Who is the new CEO of IBM?
Feb 14, 2023 · IBM primarily makes money through the sale of hardware, software, and services related to information technology. IBM's business model canvas includes key partners, key activities, key resources, value proposition, customer relationships, channels, customer segments, cost structure, and revenue streams.
