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In 2003, International Business Machines (IBM) saw significant growth in the market, adding $2.4 billion in revenue and expanding into new high-growth industries such as life sciences and digital media. The closing price for IBM in 2003 was $49.99, up 18.5% from the previous year. As of December 4, 2023, the stock was trading at $161.10 with a volume of 5,777,453. From 1995 to 2003, IBM's closing price rose by 439.4%. During this time period, their Intel server business grew by 15% to $1 billion and their Unix business increased by 21% to $1.2 billion. As of 2:20:41 PM EST, the streaming delayed price of IBM was $161.61 with a 0.32% increase. The highest end of day price for IBM was $206.31 USD on March 14, 2013, while the lowest was $9.08 USD on September 13, 1974. Historical prices for IBM can be found on Yahoo Finance, dating back to the early years of International Business Machines Corporation.
In 2003, International Business Machines (IBM) experienced substantial growth, with its closing stock price at $49.99, reflecting an 18.5% increase from the previous year. Over the period from 1995 to 2003, the closing price rose by an impressive 439.4%. At that time, IBM achieved a revenue increase of $2.4 billion and expanded into emerging industries like life sciences and digital media. The company's Intel server business also demonstrated notable growth, increasing by 15% to $1 billion, while its Unix business expanded by 21% to $1.2 billion.
Fast-forwarding to recent times, as of December 4, 2023, the stock was trading at $161.10, with a trading volume of 5,777,453. The current streaming delayed price of IBM stands at $161.61, with a 0.32% increase. During the company's history, the highest end-of-day price for IBM reached $206.31 USD on March 14, 2013, highlighting the company's value and market resilience over the years.
Additionally, IBM's market value as of December 2023 is estimated to be approximately $147.88 billion, as it continues to be a prominent player in the technological landscape, contributing to its enduring value in today's market.
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