IBM
Offers powerful computers, programs and advice to big companies and governments.
📖 Its story
In 1911, Charles Flint joined several companies that made machines for counting, weighing and keeping track of time. At first it was called the Computing-Tabulating-Recording Company. In 1924 it changed its name to International Business Machines: IBM.
💵 How it makes money
It charges for software, cloud services, consulting and very powerful computers for businesses.
🤯 Fun fact
In 2011, its computer Watson beat human champions on the quiz show Jeopardy!
👍 The good part
It has spent more than 100 years adapting to new technologies.
⚠️ The risk
It competes with newer, faster companies in the cloud and artificial intelligence.
🧠 Did you get it?
What was the name of the IBM computer that won Jeopardy!?
🗂️ Quick facts
- Founded in: 1911
- Founded by: Charles Flint (joined several companies)
- Home: Armonk, New York, USA
🔎 How to find it on the stock market
- Search the internet for IBM stock.
- You can also find it in your parents' investing app with the letters IBM.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in IBM. Ask your mom or dad to join the list.
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