Trade & Triumph

From Typewriters to Tech Titans: The Unstoppable IBM Revolution!


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Dive into the world of IBM, where big moves are making waves! They've just snagged Apptio for a whopping $4.6 billion – a platform that's not just boosting their cloud game but also turbocharging their AI and consulting businesses. Rewind to 1911, and you'll find IBM evolving from calculators to today's cloud domination. Their business model is a revenue buffet – hardware, software, consulting – with software taking the crown. In 2022, IBM raked in $60.5 billion, eyeing 3-5% growth in 2023, and Q2 of 2023 saw a 13% YoY profit jump to $1.6 billion. Zoom into the stock – trading 4.5 million shares daily, IBM's attracting big players like Eurizon Capital, UBS Fund Management, and Randolph, with analyst predictions ranging from $110 to a high-flying $175. Challenges? IBM's eyeing gold in cloud computing, AI, and cybersecurity, standing tall against competitors with a rock-solid financial stance, a household name brand, and a history of innovation. That's IBM – making waves, turning heads, and riding high in the tech arena!

Learn More: https://www.vstar.com/article/ibm-stock-international-business-machines-trading-overview

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Trade & TriumphBy VSTAR