IBM

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IBM

American corporation

Also known as: Computing-Tabulating-Recording Company, International Business Machines Corporation

Written and fact-checked by The Editors of Encyclopaedia Britannica

Last Updated: Jan 25, 2024 • Article History

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Category: History & Society

In full:: International Business Machines Corporation

Date:: 1911 - present

Ticker:: IBM

Share price:: $187.42 (mkt close, Jan. 26, 2024)

Market cap:: $171.14 bil.

Annual revenue:: $61.17 bil.

Earnings per share (prev. year):: $9.34

Sector:: Technology

Industry:: Computer

CEO:: Arvind Krishna

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IBM, leading American computer manufacturer, with a major share of the market both in the United States and abroad. Its headquarters are in Armonk, New York. It was incorporated in 1911 as the Computing-Tabulating-Recording Company in a consolidation of three smaller companies that made punch-card tabulators and other office products. The company assumed its present name in 1924 under the leadership of Thomas Watson, a man of considerable marketing skill who became general manager in 1914 and had gained complete control of the firm by 1924. Watson built the then-floundering company into the leading American manufacturer of punch-card tabulating systems ...(100 of 691 words)

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