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BEIJING, May 23, 2011 - (ACN Newswire) - Autochinanet.com reports that Microsoft rose to prominence in the early 80s mainly due to the signing of an agreement that would install its operating system in IBM computers. Microsoft became the world's largest software maker. IBM missed one of the biggest changes in the technology industry. But things are changing. Now IBM's market value has exceeded Microsoft.
Autochinanet.com (http://www.autochinanet.com/product/) points out that when the stock market closed on Friday, IBM's market value reached 207 billion U.S. dollars, but Microsoft's market capitalization is 206 billion U.S. dollars. Microsoft's market value once was as much as three times of IBM. This was 20 years ago. However, Microsoft is no longer what it was. The situation is changing. Because Microsoft did not keep up with the rapid changes in computing, especially in the Internet and mobile, Microsoft's stock has been declining in the past 10 years. On the other hand, IBM's stock rose by 45% over the past 10 years.
Autochinanet.com reports that with IBM's market capitalization reached 207 billion U.S. dollars, IBM is now the second-largest technology company after Apple. Apple's stock market capitalization is 308 billion U.S. dollars. Interestingly, Apple's market value is now close to the sum of Microsoft and Intel market. Microsoft and Intel's market capitalization is 329 billion U.S. dollars.
It is worth noting that the profitability of Microsoft is still far more than IBM. In the fiscal year of 2010, Microsoft's revenue is 62 billion U.S. dollars and the profit was 18.7 billion U.S. dollars. While IBM's revenue was 99 billion U.S. dollars, the profit was 14.8 million U.S. dollars.
Contact:
http://www.autochinanet.com/
Email: my@autochinanet.com
Topic: Research / Industry Report
Source: Autochinanet.com
Sectors: Cloud & Enterprise, IT Individual
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From the Asia Corporate News Network
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