IBM watched Microsoft surpass it in the 90’s. IBM has now come back after watching Microsoft fly by 15 years ago, an historic comeback that means Microsoft now has both Apple and IBM above it on the stock market.
Microsoft lost its top position among the IT companies in 2010 when Apple climbed to a stock value of 222 billion dollar, while Microsoft halted and lost its leading position with 219 billion dollar value. The trend is continuing for Microsoft yesterday as it noted a value of just 203.82 billion dollar yesterdat, while Apple has increased quite a lot to 308 billion dollar.
The most astonishing is that IBM has turned things around and with a market cap at 205.2 billion dollar it has caught up with and surpassed Microsoft. A trend that started about a decade ago. Microsoft has dropped 58% of its market cap, while IBM has increased its value by 57%. A development that hardly comforts Microsoft.
It’s not the first or last time we see these turns in the IT industry, but the question is if Microsoft can turn this negative trend anytime soon. A company that is hoping so is Finnish Nokia that has seen a very negative development over the last few years and is now working closely with Microsoft.
