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IBM - International Business Machines Corp

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Mar 31, 2016.

  1. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

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    International Business Machines Corporation (IBM) (commonly referred to as IBM) is an American multinational technology and consulting corporation, with corporate headquarters in Armonk, New York. IBM manufactures and markets computer hardware, middleware and software, and offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.

    The company originated in 1911 as the Computing-Tabulating-Recording Company (CTR) through the consolidation of The Tabulating Machine Company, theInternational Time Recording Company, the Computing Scale Company and the Bundy Manufacturing Company. CTR was renamed "International Business Machines" in 1924, a name which Thomas J. Watson first used for a CTR Canadian subsidiary. The initialism IBM followed. Securities analysts nicknamed the companyBig Blue for its size and common use of the color in products, packaging and its logo.

    In 2012, Fortune ranked IBM the second largest U.S. firm in terms of number of employees (435,000 worldwide), the fourth largest in terms of market capitalization, the ninth most profitable, and the nineteenth largest firm in terms of revenue. Globally, the company was ranked the 31st largest in terms of revenue by Forbes for 2011. Other rankings for 2011/2012 include №1 company for leaders (Fortune), №1 green company in the United States (Newsweek), №2 best global brand (Interbrand), №2 most respected company (Barron's), №5 most admired company (Fortune), and №18 most innovative company (Fast Company).

    IBM has 12 research laboratories worldwide, bundled into IBM Research. As of 2013 the company held the record for most patents generated by a business for 22 consecutive years. Its employees have garnered five Nobel Prizes, six Turing Awards, ten National Medals of Technology and five National Medals of Science. Notable company inventions or developments include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the Universal Product Code (UPC), the financial swap, the Fortran programming language, SABRE airline reservation system, dynamic random-access memory(DRAM), copper wiring in semiconductors, the silicon-on-insulator (SOI) semiconductor manufacturing process, and Watson artificial intelligence.

    IBM has constantly evolved since its inception. Over the past decade, it has steadily shifted its business mix by exiting commoditizing markets such as PCs, hard disk drives and DRAMs and focusing on higher-value, more profitable markets such as business intelligence, data analytics, business continuity, security, cloud computing,virtualization and green solutions, resulting in a higher quality revenue stream and higher profit margins. IBM's operating margin expanded from 16.8% in 2004 to 24.3% in 2013, and net profit margins expanded from 9.0% in 2004 to 16.5% in 2013.

    IBM acquired Kenexa (2012) and SPSS (2009) and PwC's consulting business (2002), spinning off companies like printer manufacturer Lexmark (1991), and selling off product lines like its personal computer and x86 server businesses to Lenovo (2005, 2014). In 2014, IBM announced that it would go "fabless" by offloading IBM Micro Electronics semiconductor manufacturing to GlobalFoundries, a leader in advanced technology manufacturing, citing that semiconductor manufacturing is a capital-intensive business which is challenging to operate without scale. This transition had progressed as of early 2015.

    On August 6, 2015, IBM announced that it will buy Merge Healthcare Inc for $1 billion.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    IBM has long road to growth despite gains
    IBM reported first-quarter earnings Monday that beat on the top and bottom line as it saw a double-digit increase in revenue from its cloud services. Despite topping expectations, the company's quarterly revenue fell for the 16th-straight quarter.

    The company posted earnings per share of $2.35 on $18.68 billion in revenue. Analysts had expected IBM to report earnings of about $2.09 a share on $18.29 billion in sales, according to a consensus estimate from Thomson Reuters.

    Read full article here: http://www.cnbc.com/2016/04/18/ibm-reports-first-quarter-2016-earnings.html
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Should be support at the 200MA level + the 50MA is about to crossover the 200MA which would be a bullish signal. Might consider an entry at $141.50 or so with a stop loss set at $140

    upload_2016-4-19_11-22-48.png
     
    StockJock-e likes this.
  4. StockJock-e

    StockJock-e Brew Master
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    IBM (IBM) was trading down Tuesday, following a first-quarter earnings report late Monday that beat estimates but still left room for concern.

    IBM has been undergoing a major transition, shedding older technologies while making a concerted push into growth areas such as cloud computing, Big Data analytics, security and mobile computing — areas it calls strategic imperatives. The transition helps explain why revenue growth has declined each quarter for the past four years.
     
  5. StockJock-e

    StockJock-e Brew Master
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    The move off the Feb lows was pretty damn impressive, no doubt some profit taking here is actually a good thing for the stock and an opportunity if you really like IBM!
     
  6. fidelgeorge

    fidelgeorge Well-Known Member

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    IBM should be top of your list to go long once the dust settles and here it's
    IBM.png
     
    Charles Noble likes this.
  7. fidelgeorge

    fidelgeorge Well-Known Member

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    Let us see if it can push above $150
     
    Charles Noble likes this.
  8. fidelgeorge

    fidelgeorge Well-Known Member

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    Should never be back to this price. Should have settled 125-130 easy short here.If we get to 160 short it.
     
    Charles Noble likes this.
  9. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Earnings after the bell

    upload_2016-7-18_12-48-1.png
     
    OldFart likes this.
  10. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today (7/18/16)
    Earnings: EPS $2.95 Revenue $20.24B
    Estimates: EPS $2.89 Revenue $20.03B

    Up 2.71% after hours so far
     
    Tiptopptrader likes this.
  11. Tiptopptrader

    Tiptopptrader Well-Known Member

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    IBM, AMD and Others Plan Assault on Intel’s Chip Dominance
    Few companies enjoy the kind of dominance Intel Corp. does in chips for the computers found in data centers. But competitors keep trying to pry open its server stronghold, with International Business Machines Corp. the latest to brandish a new tool.

    IBM, at a Silicon Valley technical conference on Tuesday, plans to reveal new details of Power9, the next addition to the line of microprocessors the technology giant uses in its own servers and—in a recent strategy shift—offers to other hardware companies.
    Read More: http://www.wsj.com/articles/ibm-amd-and-others-plan-assault-on-intels-chip-dominance-1471982513
     
  12. bigbear0083

    bigbear0083 Content Manager
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    Big Blue reporting after the close today.

    Here's what they're looking for:
    [​IMG]
     
  13. bigbear0083

    bigbear0083 Content Manager
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    IBM popping a bit in the after market here on what looks like an ER beat

    [​IMG]
     
  14. bigbear0083

    bigbear0083 Content Manager
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    IBM earnings: $3.29 per share vs expected EPS of $3.23
    IBM reported third-quarter earnings and revenue that beat analysts' expectations on Monday.

    The stock was up more than 1 percent in extended trading.

    The enterprise technology company reported adjusted earnings of $3.29 per share on revenue of $19.29 billion. Analysts expected the company to post earnings of $3.23 per share on about $19 billion in revenue, according to a Thomson Reuters consensus estimate.

    Under CEO Ginni Rometty, the legacy technology company has migrated towards cloud-based services, a key component of the company's "strategic imperatives." Last week, the company announced IBM Cloud Object Storage following its 2015 acquisition of Cleversafe. The new offering allows IBM clients more IT system flexibility and security.

    IBM's technology services and cloud platforms segment, which includes the company's strategic imperatives, brought in $8.75 billion in revenue during the quarter. Wall Street had expected about $8.51 billion in revenue for the quarter, according to a FactSet consensus estimate.

    As of their Friday close, shares of IBM had gained 12 percent so far this year.
     
  15. StockJock-e

    StockJock-e Brew Master
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    Gapping lower: IBM — IBM reported adjusted quarterly profit of $3.29 per share, six cents above estimates, with revenue also above forecasts although it did fall for the 18th consecutive quarter. However, IBM did see its cloud computing and artificial intelligence units–among its newer offerings–post improvements.
     
  16. Tiptopptrader

    Tiptopptrader Well-Known Member

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  17. T0rm3nted

    T0rm3nted Moderator
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    Recent Insider Trading:

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  18. Tiptopptrader

    Tiptopptrader Well-Known Member

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  19. T0rm3nted

    T0rm3nted Moderator
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    Recent Insider Trading:

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  20. T0rm3nted

    T0rm3nted Moderator
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    Recent Insider Trading:

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