Look Who's About To Pass Microsoft In Market Cap
It's not Google. It's IBM. That's right: the company that gave Microsoft its big break, only to be eclipsed as the PC revolution replaced the mainframe.
Right now, IBM's market cap is at $207.88 billion, just shy of Microsoft's at $209.95 billion. IBM's stock has been rising pretty consistently over the last year. Microsoft's has been flat, and has been creeping down since its last eaings call.
If IBM passes Microsoft, that would make Microsoft the third-largest tech company after Apple, which passed it in market cap last May, and IBM.
Read the whole story: Business Insider's Silicon Alley Insider
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Mike Gallagher
Freelance writer with a passion for travelling
