IBM regains its lead in servers

Article Excerpt

IBM $160.16 (New York symbol IBM; Shares outstanding: 1.2 billion; Market cap: $199.0 billion; TSINetwork Rating: Above Average; Dividend yield: 1.6%) has regained its position has the world’s top seller of powerful server computers. According to a widely followed industry study, IBM’s market share (by revenue) was 35.5% in the fourth quarter of 2010. A year earlier, the company had 32.7% of the market. The company launched a number of new products in 2010; that was the main reason for the gain in this highly competitive market. For example, IBM’s new Power7 processor chips recently powered the company’s “Watson” supercomputer on the Jeopardy TV quiz show. IBM is a buy. buy…