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What Does Ibm Make Now

Marcus Vance • • 7 min read
What Does Ibm Make Now

IBM generated annual net income of $5.6 billion on revenue of $73.6 billion in 2020.

Does IBM make anything anymore?

For the fiscal year 2020, IBM reported earnings of $5.6 billion, with an annual revenue of $73.6 billion. IBM’s revenue has fallen for 8 of the last 9 years. IBM’s market capitalization was valued at over $127 billion as of April 2021.

Will IBM make computers again?

IBM has never stopped making computers. Since the early 1950s, IBM has produced mainframe and midrange computers. They still do today. They’re just not in the PC (personal computer) market anymore.

Marcus Vance
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Marcus Vance

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.