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Top 5 Dividend Stocks To Buy in 2021 Dividend Yield: 4.59% As a consistent leader in the tech industry, IBM has shown consistent payout ratios and an increase in dividend yields. The tech industry is a sector you’ll want to invest in as it’s only going to continue to change and grow. IBM has proven to be a safe bet. International Business Machines Corp (NYSE: IBM) started as the computing, tabulating, and recording firm in the late 1800s. Its first major contract was to supply equipment fo...

IBM surprises investors with return to growth in first quarter SHARE After four consecutive quarters of revenue declines, IBM Corp. surprised investors today with 1% growth in quarterly revenue, sending its stock up more than 3% in after-hours trading and raising hopes that other technology giants could report similar surprises in the coming weeks. Revenue rose to $17.73 billion from the same quarter a year ago and well ahead of analysts’ average estimate of $17.32 ...

IBM Reports First Quarter Results, Beats Wall Street Expectations IBM has beat Wall Street expectations, returning to revenue growth after four quarters of declines. IBM has been in the process of reinventing itself as a hybrid cloud provider. The company plans to spin off its legacy operations, focusing primarily on its hybrid cloud business, and has been snapping up startups to help drives its transformation. The company’s strategy appears to be paying off as it reported revenue of $17.7...

13h | Antony Savvas IBM has reported total cloud revenues of $6.5 billion for the first quarter ended 31 March, which is a 21% jump on the same quarter last year. The companys total group sales for the quarter were $17.7 billion, which was a very modest 1% increase on last year as IBM continued to focus on its newer cloud, AI and software markets - including its acquired Red Hat business. Big Blue is still preparing to spin off its managed infrastructure services business. Earlier this...

IBM Reports 2021 First-Quarter Results Highlights Revenue of $17.7 billion, up 1 percent (down 2 percent adjusting for currency) -- Cloud Cognitive Software up 4 percent (up 1 percent adjusting for currency) -- Systems up 4 percent (up 2 percent adjusting for currency) -- Global Business Services up 2 percent (down 1 percent adjusting for currency) Total cloud revenue of $6.5 billion, up 21 percent (up 18 percent adjusting for divested businesses and currency) -- Cloud revenue of $26.3 billion ...

Red Hat and off-prem see growth while revenue, profit down overall Share Copy IBM on Thursday reported $20.4bn in revenue for its Q4 2020 earnings results, a decline of six per cent, and $73.6bn for the full year, down 4.6 per cent year-on-year. That led to profits plummeting by 42 per cent for the year, even after it experienced cloud growth in certain areas. Financial analysts had anticipated something more like $20.67bn on average, leading to disappointment that manifested in an afte...

3 months ago ARMONK, N.Y.–(BUSINESS WIRE)–  IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment,” said Arvind Krishna, IBM chairman and chief executive officer. “The actions we are taking to focus on hybrid cloud and AI will take hold,...

CEO Arvind Krishna: IBM To Invest $1B In Cloud Ecosystem, ‘Elevating The Role Of Partners’ “The channel is quite capable,” said IBM CEO Arvind Krishna on the company’s fourth quarter earnings call. “I would rather put more money into the channel and work with them to go after that [market].” By Steven Burke January 21, 2021, 08:56 PM EST IBM CEO Arvind Krishna Thursday said the company is investing $1 billion in “rapidly expanding” its partner...

Operator Welcome, and thank you for standing by. [Operator instructions] Todays conference is being recorded. If you have any objections, you may disconnect at this time. Now, I would like to turn the meeting over to Ms. Patricia Murphy with IBM. Maam, you may begin. Patricia Murphy -- Vice President, Finance and Operations Thank you. This is Patricia Murphy, and Id like to welcome you to IBMs fourth-quarter 2020 earnings presentation. Im here with Arvind Krishna, IBMs chairman and chief execu...