IBM is one of the world's largest technology companies. It was founded in 1911 by Charles Ranlett Flint and went public in 1912. IBM is a Dow Jones Industrial Average member and is also listed on the New York Stock Exchange. The company has a market capitalization of over $130 billion and it has business partnerships with some of the world's largest companies, including Apple, Microsoft, and Samsung.
IBM is one of the most valuable brands in the world and is consistently ranked as one of the top employers. In recent years, the company has been focused on delivering innovative solutions in areas such as cognitive computing, big data, and security. IBM has a global reach, with operations in more than 170 countries. The company has a diversified business portfolio that includes hardware, software, services, and financing. IBM is one of the largest employers in the United States, with over 400,000 employees worldwide.
The company hit an all-time high of $202 per share in 2013, but then fell to a low of $115 per share in 2016. IBM has since bounced back and is currently trading around $135 per share.
In recent years, IBM has formed several major partnerships, including with Apple, Facebook, and Microsoft. These partnerships have helped to boost the company's stock price by increasing its exposure to new markets and technologies. For example, in 2014, IBM announced a partnership with Apple which saw the two companies working together on enterprise software and services. This partnership helped to boost IBM's stock price at the time. However, more recently, IBM has been struggling to keep up with the likes of Amazon and Microsoft in the cloud computing market, which has caused its share price to fall.
If you're looking to invest in the tech sector, you'll want to keep an eye on IBM's competitors. Here's a look at some of the main companies that IBM competes with over the past years. Alphabet, Microsoft, and Amazon are all leaders in the tech industry, and they continue to invest heavily in new products and services.
Alphabet is the parent company of Google, one of the world's most popular search engines. Google's dominance in search gives it a huge competitive advantage over IBM. Microsoft is the world's largest software company, and it continues to innovate with new products like Azure, its cloud computing platform. Amazon is the largest online retailer in the world, and it's also a leading provider of cloud computing services.
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The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
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