| International Business Machines provides solutions and products that utilize data, information technology, capability in industries and business processes. Co.'s hybrid cloud and Artificial Intelligence strategy consists of four business segments: Software, which helps clients to automate, secure and modernize their environments; Consulting, which provides knowledge and capabilities in business transformation and technology implementation; Infrastructure, which provides solutions for hybrid cloud and is the foundation of the hybrid cloud stack; and Financing, which facilitates its clients' acquisition of information technology systems, software and services through its financing solutions. We show 51 historical shares outstanding datapoints in our IBM shares outstanding history coverage, used to compute IBM market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IBM market cap history over the course of time is important for investors
interested in comparing IBM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of IBM versus a peer is one thing; comparing
IBM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like IBM can fluctuate over the course of history.
With this page we aim to empower investors researching IBM by allowing them to research the IBM market cap history.