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(Image from article: "IBM overtakes Microsoft's market cap")

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IBM Rides Double-Digit Sales Growth To $200

In its quarterly earning released on Monday, IBM reported revenues of $26.7 billion – up 12% from the same period last year. With IBM reporting its 4th consecutive quarter of double digit revenue growth, its shares have marched higher since its announcement. The stock is up nearly 50% in the last year surpassing Microsoft as the second largest technology company by market cap behind Apple. IBM’s primary competitors include HP, Dell and Oracle.

 

IBM overtakes Microsoft's market cap

IBM overtakes Microsoft's market cap

International Business Machines surged past old rival Microsoft Corp in market value for the first time since April 1996, marking the latest twist in the fluctuating fortunes of two of the world's most important technology companies.

 

Google's Newest Marketplace Also Wants To Sell You Business Software

Google targets the popularity of Microsoft and IBM with the launch of its Google Apps Marketplace.

 

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