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International Business Machines Corp

I'm happy to help you with some general information about International Business Machines Corporation (IBM), a public company in the Information Technology Services sector, which is traded on the U.S. stock exchange, the New York Stock Exchange (NYSE).

IBM is a multinational technology company that specializes in providing hardware, software, cloud-based services, and cognitive solutions. The company operates in more than 170 countries and employs over 350,000 people worldwide.

In terms of financial performance, IBM has reported mixed results in recent years. For the full year 2020, the company reported revenue of $73.6 billion, a decrease of 4.6% compared to the previous year. However, the company's earnings per share (EPS) increased by 1.9% to $12.33.

Regarding growth, IBM has been facing challenges in recent years due to the changing landscape of the technology industry. The company has been investing heavily in its cloud and artificial intelligence (AI) businesses to drive growth, while also divesting from legacy business segments.

However, the COVID-19 pandemic has also had an impact on IBM's business, as many of its clients have delayed or reduced their technology spending. As a result, IBM has revised its revenue growth expectations for 2021 to be flat compared to 2020.

It's important to note that investing in the stock market always carries risks, and investors should conduct their own research and consult with financial advisors before making investment decisions.

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