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Will IBM Be a Trillion-Dollar Stock by 2030?
IBMIBM(IBM) The Motley Fool·2024-04-20 15:11

Is IBM on its way to becoming a trillion-dollar giant by 2030? These are the odds.Technology powerhouse International Business Machines (IBM 0.06%) used to be an industry giant. Big Blue's market cap peaked at 239billioninthesummerof1999,sparkingspeculationaboutperhapsformingtheworldsfirsttrilliondollarcompany.Butthedotcombubblepopped,andIBMchangedgears.Themarketcapreached239 billion in the summer of 1999, sparking speculation about perhaps forming the world's first trillion-dollar company.But the dot-com bubble popped, and IBM changed gears. The market cap reached 230 billion again in 2012, ending an era where other tech giants were copying IBM's one-stop IT shop bu ...