Financial Analysis for IBM International Business and Machines (IBM) company history dates back to 1890 when many immigrants relocated to the United Sates. In the beginning, IBM was only operating in New York City. After operating for some years, it expanded its offices and to various parts of New York State, Michigan, Toronto, Washington DC, and Canada. Founded on June 16 1911, in Endicott, New York, IBM has remained a leading company in innovation. The company only dedicates approximately 20% of its services to the manufacture of its hardware while 80% of its services are mainly consulting in the computer and technology industry (Aswad & Meredith, 2007). In the period that the company has been in operation, some of its practices have been controversial while others have helped it in meeting customer and shareholders’ demands.