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Microsoft slips to third in market cap, Apple still on top

updated 06:50 pm EDT, Fri May 20, 2011

IBM passes Microsoft for second in market cap

IBM has just beat out Microsoft to grab the number two spot behind Apple on the stock market cap results. The difference is very slight, however, with IBM valued at $208.07 billion while Microsoft is at $207.95 billion. Apple remains on top since passing Microsoft at about the same time last year, with a $311.62 billion market cap as of earlier on Friday.

IBM's stock has been on the upswing over the past year while Microsoft's has been flat and slowly dipping since its last earnings call. The last time IBM topped Microsoft in terms of market cap was nearly 15 years ago.

Microsoft has had little success getting confidence from shareholders over much of the past decade. While regularly profitable with Windows and Office, its difficulty expanding outside of those areas with the exception of the Xbox 360. IBM has thrived on expanding its service business, and Apple has both managed to increase its Mac sales ahead of the curve while having three major successes in the iPod, iPhone, and now iPad. [via BusinessInsider]






by MacNN Staff

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Comments

  1. MisterMe

    Joined: Dec 1969

    +9

    Irony

    Apple and IBM are both companies that Microsoft screwed-over on its way to the World's most powerful corporation. It now finds itself behind both of them. Perhaps someone can revive Intergalactic Digital Research and Seattle Computer Products and have them nibble away at the rotting carcass that is Microsoft. Now that would be sweet irony.

    Comment buried. Show
  1. Arne_Saknussemm

    Joined: Dec 1969

    -10

    No, The sweet irony...

    Will be when Apple starts,

    well it has already started - stolen Thunderbolt trademark, patent trolling, locked up apps & systems...

    behaving EXACTLY as Micro$oft did just a few years ago.

  1. samirsshah

    Joined: Dec 1969

    -4

    Nokia and Mango...

    may again make Microsoft No. 2.

  1. wrenchy

    Joined: Dec 1969

    -2

    re: No,


    >>>behaving EXACTLY as Micro$oft did just a few years ago.

    Yes. Yes they are behaving like Microsoft. With Apple, it's all about the money money money. Greed will get the better part of them eventually.




    Drrrrroid!


    - Sent from my Android Device.

  1. testudo

    Joined: Dec 1969

    0

    big deal

    Who cares. Market cap is one of those useless stock numbers that someone tries to use to explain how this or that company is such a great buy or how you should sell sell sell. It's meaningless. (And, just to prove the point, it took this long for MS to drop to number 3, and they've been a dead-end company for years now).

  1. testudo

    Joined: Dec 1969

    0

    oh

    And bear in mind that Apple's stock price (and, in turn, it's market cap) is based more on 'future expectations' then current revenue. As such, it requires Apple to keep the new products coming to continue to boost sales through the upcoming years. Any kind of "down" quarter where iPhone or iPad sales level off will crush the stock price.

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