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IBM Captures Top Position in Server Sales, Price Hits All-Time High

Financial News Network
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March 07, 2012 AT 1:22 PM
IBM announced today that according to technology research firm Gartner, IBM captured the top spot in server sales in the fourth quarter of 2011 and accounted for 1/3 of the total market share during that period. For full year 2011, it captured 30.5% of the overall market share, edging out its closest competitor by 1.5%. Stock rallied over a percent today and broke the important $200 milestone. It was up 7% YTD, outpacing the Dow's 4%, and up 25% in the last 12 months.