Arm signs up big tech firms including Apple and NVIDIA for IPO at $50-$55 billion valuation - Reuters

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Go back to Arm signs up big tech firms including Apple and NVIDIA for IPO at $50-$55 billion valuation - Reuters

Similarities between Apple and IBM 'not unfounded' says Bernstein

September 5, 2023 8:04 AM EDT

In a note to clients Tuesday, Bernstein analyst Toni Sacconaghi said that Apple's (NASDAQ: AAPL) financials are "strikingly similar" to IBM's (NYSE: IBM).

The financial comparisons with IBM two decades ago are not unfounded,... More