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Try Now for Just $1!International Business Machines Corporation (IBM) stock surged +5.17%, trading at $261.54 on NYSE, up from the previous close of $248.69. The stock opened at $245.96, fluctuating between $245.18 and $261.94 in the recent session.
International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data, and identity. This segment also provides transaction processing software that supports clients' mission-critical and on-premise workloads in banking, airlines, and retail industries. The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services. The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients' mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment. The Financing segment offers lease, installment payment, loan financing, and short-term working capital financing services. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
Employees | 270300 |
Beta | 0.73 |
Sales or Revenue | $62.75B |
5Y Sales Change% | -0.222% |
Fiscal Year Ends | December |
Sector | Technology |
Industry | Information Technology Services |
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