IBM Sees A Big Boost As It Turns 100

In 2011, IBM's stock rose more than tech hotshots Google and Apple. IBM is 100 years old, but it has totally remade its business for the 21st century.

"There is no such thing as an IBM PC," declares IBM managing partner Adam Klaber. More than 83 percent of their business is now services and software. The NYPD hired IBM to track crime. Telecom Bharti Airtel wanted to build wireless coverage in 16 African countries, so they went to IBM.

Oh, and which supercomputer became Jeopardy champion in 2011? IBM's Watson.

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