How IBM’s market value has climbed to nearly that of Microsoft, which was worth three times as much as IBM in 2000. Microsoft had a market capitalization of $203.7 billion when markets closed yesterday, compared with IBM’s $203.5 billion, according to Bloomberg data.
Microsoft, whose Windows and Office software are used primarily on PCs, lost its spot as the most valuable technology company last year to Apple Inc. (AAPL), as sales of iPad tablets and iPhones crimped PC demand. IBM Chief Executive Officer Sam Palmisano divested the company’s PC business six years ago, calling it commoditized, to invest in software and services.
IBM, now the world’s largest computer-services provider, topped Microsoft’s value in intraday trading last week. It hasn’t closed with a value above its rival since 1996, according to Bloomberg data.
IBM gained 2 cents to $168.01 at 9:42 a.m. in New York Stock Exchange composite trading, while Microsoft gained 9 cents to $24.24 in Nasdaq Stock Market trading. The companies had gained 14 percent and lost 13 percent, respectively, this year before today.
IBM has closed the gap in market value with Microsoft Corp. (MSFT), giving it the potential to become the second-most valuable technology company as its bet against personal computers pays off.

That's how much time has passed since IBMwas a bigger company than Microsoft based on market value. But that era could soon be over. Big Blue's stock has climbed 14 percent this year, putting it within striking distance of passing Microsoft's $204 billion valuation. IBM, founded a century ago, dominated the computer world until the 1990s, when Windows made Microsoft the top tech company. Yet even if IBM passes Microsoft again, it's still nowhere near today's undisputed market-cap leader, Apple.
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Microsoft, whose Windows and Office software are used primarily on PCs, lost its spot as the most valuable technology company last year to Apple Inc. (AAPL), as sales of iPad tablets and iPhones crimped PC demand. IBM Chief Executive Officer Sam Palmisano divested the company’s PC business six years ago, calling it commoditized, to invest in software and services.
IBM, now the world’s largest computer-services provider, topped Microsoft’s value in intraday trading last week. It hasn’t closed with a value above its rival since 1996, according to Bloomberg data.
IBM gained 2 cents to $168.01 at 9:42 a.m. in New York Stock Exchange composite trading, while Microsoft gained 9 cents to $24.24 in Nasdaq Stock Market trading. The companies had gained 14 percent and lost 13 percent, respectively, this year before today.
IBM has closed the gap in market value with Microsoft Corp. (MSFT), giving it the potential to become the second-most valuable technology company as its bet against personal computers pays off.
That's how much time has passed since IBMwas a bigger company than Microsoft based on market value. But that era could soon be over. Big Blue's stock has climbed 14 percent this year, putting it within striking distance of passing Microsoft's $204 billion valuation. IBM, founded a century ago, dominated the computer world until the 1990s, when Windows made Microsoft the top tech company. Yet even if IBM passes Microsoft again, it's still nowhere near today's undisputed market-cap leader, Apple.
CloudTags: IBM, Value, climbed, nearly, Microsoft, Wholesale Electronics News, Ibm thinkpad r40 laptop battery, Ibm thinkpad t60 laptop battery, Ibm thinkpad x41 laptop battery, Toshiba pa3285u-3bas laptop battery, Hp 484170-001 laptop battery
Other Business News:
Ibm thinkpad t60 laptop battery
Ibm thinkpad x41 laptop battery
Toshiba pa3285u-3bas laptop battery
Hp 484170-001 laptop battery
IF You want to read more good post ,you can follower us in twitter