Techno-News Blog

October 8, 2011

IBM beats Microsoft in tech giants ranking

Filed under: Uncategorized — admin @ 12:24 am

by the BBC

For the first time since 1996 IBM’s market value has exceeded Microsoft’s. IBM’s closing price on 29 September was $214bn (£137.4bn) while Microsoft’s was a shade behind at $213.2bn (£136.8bn). The values cap a sustained period in which IBM’s share price has moved steadily upward as Microsoft’s has generally been in decline. The growth means IBM is now the second largest technology company by market value. Apple still holds the top slot with a value of $362bn (£232bn).

http://www.bbc.co.uk/news/technology-15124005

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