International Business Machines Corp. - IBM - Famous Computer Co. Stock Certificate
Inv# GS2055A Stock
Stock. Printed by American Bank Note Company. Signature of Watson as President of the Company. Rare!
International Business Machines Corporation (IBM), an American multinational technology company headquartered in Armonk, New York, operates globally with operations spanning over 170 countries. Established in 1911 in Endicott, New York, as the Computing-Tabulating-Recording Company (CTR), the company underwent a name change to “International Business Machines” in 1924. IBM is incorporated in New York.
IBM’s product portfolio encompasses computer hardware, middleware, and software, along with hosting and consulting services in diverse areas, including mainframe computers, nanotechnology, and more. Beyond its product offerings, IBM is a prominent research organization, holding the record for the highest number of annual U.S. patents generated by a business (as of 2020) for an impressive 28 consecutive years. Notable inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). The IBM mainframe, exemplified by the System/360, dominated the computing landscape during the 1960s and 1970s.
To align its business operations with higher-value, more profitable markets, IBM has undergone a series of strategic shifts. These include the spin-off of printer manufacturer Lexmark in 1991, the sale of its personal computer (ThinkPad/ThinkCentre) and x86-based server businesses to Lenovo in 2005 and 2014, respectively, and the acquisition of companies such as PwC Consulting (2002), SPSS (2009), The Weather Company (2016), and Red Hat (2019). In 2015, IBM announced its decision to adopt a “fabless” approach, continuing to design semiconductors while offloading manufacturing to GlobalFoundries. In 2020, the company further expanded its services by spinning off the Managed Infrastructure Services unit of its Global Technology Services division, with the anticipated completion of this spin-off by the end of 2021.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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