This Company is About to Overtake Microsoft (MSFT) in Market Cap
Tweet
Share
E-mail
Get Alerts MSFT Hot Sheet
Join SI Premium – FREE
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Active options: AAPL NVDA TSLA SPCX AAPL MSTR INTC MRNA WMT
- The Hardest Part of Quantum-Proofing a Company Isn't the Encryption. It's Deciding Where to Start
- This consumer stock is trading at "discounted valuation", Morgan Stanley says
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
