International Business Machines Corp (NYSE:IBM)
$ 166.27 -1.96 (-1.17%) Market Cap: 152.74 Bil Enterprise Value: 199.83 Bil PE Ratio: 18.83 PB Ratio: 6.57 GF Score: 75/100

International Business Machines Investor Briefing Corp Corporate Call Transcript

Aug 02, 2019 / 02:00PM GMT
Release Date Price: $140.65 (-2.04%)
Patricia Murphy
International Business Machines Corporation - VP of IR

Good morning, good afternoon, good evening. I'm Patricia Murphy, and I'd like to welcome you to IBM's 2019 Investor Briefing. We are webcasting this event live today from New York. And the timing is just about 3 weeks after the completion of our Red Hat acquisition. So a lot of what we're going to focus today is the hybrid cloud opportunity and how IBM is uniquely positioned to address that.

Over the next 2 to 2.5 hours, we have a 4-part agenda. During the first 3 parts, we have several of our senior leaders who are going to talk about how IBM and Red Hat are better together. And then we're going to wrap it up today with a Q&A with those same executives.

Since we have a web audience today, we're going to take questions over the web. You can submit questions at any time. There's a button on the top right of your screen that says Ask a Question. If you submit a question, we'll take the question here. I'm going to moderate the session, I'm going to read out questions and I'm going to do that without attribution. It

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