This Company is About to Overtake Microsoft (MSFT) in Market Cap
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Price: $34.85 -0.66%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +20.0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +20.0%
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Microsoft (Nasdaq: MSFT), as a sign of the times, maybe, is going to cede another position on the "biggest U.S. companies list", as pointed out by Business Insider.
And the company isn't Google (Nasdaq: GOOG), not even close.
Nope, it's good old International Business Machines (NYSE: IBM).
Microsoft has a cap of about $209.64 billion, according to today's figures. IBM is currently at $206.32 billion, meaning that it may just be a few short weeks away from toppling the venerable Windows-maker for fourth spot on the list.
ExxonMobil (NYSE: XOM), at $397.88 billion, has a wide margin over number two, Apple (Nasdaq: AAPL), at $312.56 billion. General Electric (NYSE: GE), at $210.52 billion, places it in third place.
Google, meanwhile, has a cap of $168.85 billion, putting it well out of the top ten.
Microsoft shares have been slipping even since late January, when it reached a 52-week high of $29.29. Pressure from Apple and other competitors has overtaken the Company, which recently announced an $8.5 billion deal to acquire Skype in hopes of bolstering its communications offerings.
Microsoft shares are 0.7 percent lower on the day.
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And the company isn't Google (Nasdaq: GOOG), not even close.
Nope, it's good old International Business Machines (NYSE: IBM).
Microsoft has a cap of about $209.64 billion, according to today's figures. IBM is currently at $206.32 billion, meaning that it may just be a few short weeks away from toppling the venerable Windows-maker for fourth spot on the list.
ExxonMobil (NYSE: XOM), at $397.88 billion, has a wide margin over number two, Apple (Nasdaq: AAPL), at $312.56 billion. General Electric (NYSE: GE), at $210.52 billion, places it in third place.
Google, meanwhile, has a cap of $168.85 billion, putting it well out of the top ten.
Microsoft shares have been slipping even since late January, when it reached a 52-week high of $29.29. Pressure from Apple and other competitors has overtaken the Company, which recently announced an $8.5 billion deal to acquire Skype in hopes of bolstering its communications offerings.
Microsoft shares are 0.7 percent lower on the day.
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