International Business Machines Corp.

NYSE:IBM   4:00:00 PM EDT
135.84
-0.34 (-0.25%)
7:59:43 PM EDT: $136.00 +0.16 (+0.12%)
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Market Cap (Intraday)122.82B
Current PE68.92
Forward PE 14.33
2yr Forward PE 13.48
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Estimates Current Quarter
Revenue$14.36 Billion
Adjusted EPS$1.28
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10-Day MA$136.82
50-Day MA$142.62
200-Day MA$133.94
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International Business Machines Corp. Stock, NYSE:IBM

1 New Orchard Road, Armonk, New York 10504-1722
United States of America
Phone: +1.914.499.1900
Number of Employees: 307600

Description

International Business Machines Corp. is an information technology company, which provides integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure and modernize their environments. It includes all software, except operating system software reported in the Infrastructure segment. The Consulting segment provides capabilities in business transformation and technology implementation. Consulting designs and builds open, hybrid cloud architectures and optimizes key workflows and business processes with IBM and ecosystem partner technologies. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. Infrastructure also includes remanufacturing and remarketing of used equipment with a focus on sustainable recovery services. The Financing segment facilitates the acquisition of information technology systems, software and services through its financing solutions. The financing arrangements are predominantly for products or services that are critical to the end usersâ?? business operations and support IBMâ??s hybrid cloud platform and AI strategy. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.