International Business Machines Corp. (NYSE)

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The International Business Machines Corporation is one of the largest manufacturers and suppliers of hardware and software in the world. The company also provides infrastructure, hosting and consulting services in various fields, such as mainframe computers and nanotechnology. IBM derives most of its revenue through the provision of consulting services, by helping companies to establish their business processes, through the use of their own IT-technologies or third-party software solutions.

IBM’s main divisions are: IBM Global Services (consulting division), IBM Software Group (software development division), IBM Systems & Technology Group (equipment manufacturing division), IBM Research (cognitive computing division) and IBM Global Financing (financial division).

IBM holds the record for most patents developed by a company in 20 consecutive years. Some of the company’s prominent inventions include the ATM, the Watson artificially intelligent computer, the hard disk drive, the floppy disk, the Universal Product Code (UPS) and the magnetic stripe card.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.37% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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