| International Business Machines provides integrated solutions and products that utilize data, information technology, capability in industries and business processes. Co. has five segments: Cloud and Cognitive Software, which provides a range of software offerings; Global Business Services, which provides consulting, systems integration, application management and business process outsourcing services; Global Technology Services, which provides project services, managed and outsourcing services, cloud-delivered services, and technical and IT support services; Systems, which provides technology and service; and Global Financing, which provides client financing, among others. We show 43 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.