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IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
October 8, 2020 – IBM announced it was spinning off the Managed Infrastructure Services unit of its Global Technology Services division into a new public company, an action expected to be completed by the end of 2021. [231] January 21, 2022 – IBM announced that it would sell Watson Health to the private equity firm Francisco Partners. [232]
Q2 sales and earnings beat expectations. IBM's second-quarter sales crept 2% higher year over year, landing at $15.8 billion. On the bottom line, adjusted earnings rose by 11% to $2.43 per diluted ...
Amazon is the Internet company with the highest revenue, at $469.82 billion in 2021. [1] [2]This is a list of Internet companies by revenue and market capitalization.The list is limited to dot-com companies, defined as a company that does the majority of its business on the Internet, with annual revenues exceeding US$1 billion.
IBM also acquired an 18.9% share of Lenovo in 2005 as part of Lenovo's purchase of IBM's personal computing division. [24] In the years following the deal, IBM sold their stake in Lenovo, with a final sale in 2011 completing their divestment. [25] Mary Ma, Lenovo's chief financial officer from 1990 to 2007, was in charge of investor relations ...
July 24, 2024 at 8:30 PM. Logo of jester cap with thought bubble. Image source: The Motley Fool. International Business Machines (NYSE: IBM) Q2 2024 Earnings Call. Jul 24, 2024, 5:00 p.m. ET.
Salesforce. [ 1] Salesforce, Inc. is an American cloud -based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development. Founded by former Oracle executive ...
No major PC vendor was spared from the declines, with Acer seeing shipments drop 41% year-over-year from 6.1 million in Q4 2021 to 3.5 million in Q4 2022.
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