The Mary Sue


IBM Passes Microsoft in Stock Market Value

LinkedIn's explosive IPO has been the talk of the tech world this week, but another stock market milestone quietly occurred: As of the end of trading today, IBM surpassed Microsoft in market capitalization -- the total equity value of a company, as calculated by multiplying the price of an individual stock by the number of shares outstanding -- for the first time in about 15 years.* This puts IBM and MSFT at #2 and #3, respectively, behind Apple, the market cap of which is a whopping one-and-a-half times either of the two.

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