Apple to surpass IBM?

Apple will surpass IBM in terms of market capitalization in the next two years, according to one analyst. Calling IBM and Apple two of America's best run companies, a BloggingStocks.com report says that both companies have achieved high levels of success--rewaring shareholders have along the way, but that both are in different parts of their growth cycle. Apple, in a growth phase, will surpass the industry giant, emerging as the winner going forward: "In fact, I'm sure Apple will overtake IBM in value over the next two years. Bottom line: Apple will be bigger than IBM.... Apple will be a bigger company than IBM in terms of market capitalization. As of this writing Apple is just about to hit $100 billion in market cap while IBM is at $158 billion. The direction of both companies are at a variance to each other and Apple is certainly enjoying the strength of a major product cycle."

by MacNN Staff