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Stock impact report

What does IBM do? Inside its AI, cloud & consulting business [Yahoo! Finance]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Yahoo! Finance
The company rose to fame through the IBM System/360 , the world's first unified mainframe computer system, introduced over 50 years ago in 1964. Then, in 1981, it launched the IBM 5150 PC, which changed the way people worked, played, and communicated Today, IBM has evolved beyond hardware, becoming a leader in cloud and enterprise AI . Since its 2019 acquisition of Red Hat , the open-source software giant, IBM's shares have risen 78%. But IBM doesn't only develop breakthrough technologies; it also builds the systems that make these innovations scalable. And that makes all the difference. Here's what you need to know about IBM and what it does in the modern day. What did IBM do originally & how has it innovated? Since its earliest days, IBM has been synonymous with high-quality and reliable technology. The company was founded in 1911 by financier Charles Ranlett Flint, who chose Thomas J. Watson to be its first CEO. Watson was a visionary who understood that managing data Show less Read more
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