IBM, a major player in the global computer services sector, has received a Sell rating from UBS.

Cognitive solutions and transaction processing software account for 42.5% of IBM's net sales. IT services, including consulting and cloud computing, contribute 32.3% to the company's sales. The sale of IT infrastructure, which includes hybrid IT solutions and data storage, makes up 23.6% of IBM's sales. Financing of computer equipment represents a modest 1.2%, with other revenue sources contributing 0.4%.

Geographically, IBM's net sales are distributed as follows: 40.9% from the United States, 10.3% from the Americas, 29.9% from Europe, the Middle East, and Africa, and 18.9% from the Asia-Pacific region. This demonstrates the extensive reach of IBM across various markets and sectors.