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It Was A Good Year For...
10:01 pm
Tue December 27, 2011

IBM Sees A Big Boost As It Turns 100

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By Ben Bergman
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Credit Sean Gallup / Getty Images
Reason To Smile: Samuel Palmisano, president and CEO of IBM, walks by an IBM logo at the CeBIT technology fair in Hanover, Germany. IBM's stock had a strong year in 2011.

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.

Copyright 2011 National Public Radio. To see more, visit http://www.npr.org/.

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