|Bid||267.35 x 0|
|Ask||277.00 x 0|
|Day's Range||272.50 - 272.50|
|52 Week Range||225.00 - 295.00|
|PE Ratio (TTM)||22.73|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
This year may not have looked like much of a keeper, but Big Blue actually made some important strides to set the stage for long-term wins.
IBM - aka ‘Big Blue’ - together with Walmart, Nasdaq-listed Chinese retailer JD.com and Tsinghua University are to collaborate on a food safety alliance in China using the blockchain to achieve greater safety within the food supply chain and improve food tracking, traceability and transparency.
IBM is partnering with a group of corporations including Daimler AG, JPMorgan Chase and Samsung to attempt to build some of the first business applications on a quantum computer.
IBM has made a number of moves forward to transform the company, and so far investors and many analysts of the technology landscape have been unconvinced.
Blockchain, the technology behind Bitcoin, has wide applications beyond cryptocurrencies, and Baird analyst Colin Sebastian came up with 13 industries where it could have a major impact. In some areas, it could even threaten Amazon, the disrupter-in-chief. Banks have been talking about blockchain for years, but Sebastian expects tech companies will get more heavily involved, in part to defend against disruption and in part to capitalize on the opportunities.
By 2007, there was consensus that military veterans returning from deployments in Iraq needed help transitioning to civilian life and jobs. Houston established a Returning Veterans Initiative to help in that effort, and by every measure, it's been a success: The city's abundant jobs, housing, health and recreational opportunities have helped Houston become the hometown for 300,000 vets, giving it the country's second-largest population.
Qualcomm is taking aim at Intel in the notebook and server markets, while Big Blue has rolled out an innovative new server platform.
IBM upgraded nearly every feature of new its POWER9-based Power System AC922 “Newell” cognitive computing platform from its POWER8-based Power System S822LC “Minsky” design.