IBM was founded in 1911 in New York City by Thomas J Watson Jr., who had previously worked at NCR (National Cash Register). In 1914, he sold his company to focus on his vision of building a business machine that would help people do their work faster and easier. He called his creation “Watson” after his wife’s maiden name.
In 1939, IBM introduced its first computer, the Electronic Numerical Integrator And Computer (ENIAC), which weighed over 30 tons and occupied 16 rooms. ENIAC could perform about 10 operations per second. By comparison, today’s smartphones can perform thousands of operations per second.
2. IBM PC
The IBM Personal Computer was released in 1981 and became the world’s best-selling personal computer until Apple’s Macintosh debuted in 1984. The IBM PC featured a monochrome screen, a keyboard, and a mouse. It came bundled with Microsoft DOS, which allowed users to run programs written for the IBM PC.
3. IBM ThinkPad
In 1991, IBM launched the ThinkPad line of laptops. These were designed to be durable and reliable, while still being portable. The ThinkPad brand continues to thrive today.
4. IBM iSeries
In 1993, IBM created the iSeries line of servers. The iSeries line continued to gain popularity throughout the 1990s and 2000s.
5. IBM zEnterprise
In 2007, IBM introduced the zEnterprise line of servers. The zEnterprise line includes many different models, including the z196, zEC12, and z13.
6. IBM Blue Gene/Q
In 2009, IBM announced the Blue Gene/Q supercomputer. The Blue Gene/Q is capable of performing 1 quadrillion calculations per second.
IBM was founded in 1911 and is headquartered in Armonk, New York. In addition to its headquarters, IBM operates offices around the world and employs over 200,000 people worldwide. IBM’s products range from personal computers to supercomputers and everything in between.
2. International Business Machines Corporation (NYSE:IBM)
The company’s stock symbol is IBM and its NYSE ticker is IBM. IBM is a technology leader in computer hardware, software, services, and solutions. Its business segments include Hardware Systems, Software & Services, and Global Technology Services.
3. International Business Machines Corporation – Financial Highlights
For the fiscal year ended March 31st, 2016, IBM reported revenue of $104 billion, net income of $13.8 billion, earnings per share of $3.81, and return on equity of 16%.
4. International Business Machines Corporation-Financial Ratios
Return on Equity: Return on equity measures how much profit a firm makes compared to its shareholders’ initial investment. A higher ROE indicates that a firm is making more money off of their investors than they paid out.
Net Income Margin: Net income margin is calculated by dividing net income by revenue. A high net income margin means that a firm is able to make more profits off of each dollar of revenue generated.
Dividend Yield: Dividend yield represents the dividend payment divided by the current market price of the stock. A high dividend yield shows that a firm is paying dividends at a rate greater than the current market price of its shares.
5. International Business Machines Corporation Company Description
IBM is a multinational information technology corporation based in Armonk, N.Y., United States. Founded in 1911, IBM is the largest provider of computer systems and related services in the world. It offers a wide variety of products and services, including hardware, software, consulting, enterprise management, and networking services.
6. International Business Machines Corporation Products
IBM provides a broad array of computing products and services. These products include servers, storage devices, workstations, PCs, laptops, mobile phones, tablets, embedded systems, and many others.