IBM overtakes Microsoft's market cap

Reuters News
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Posted: May 23, 2011 12:54 PM
IBM overtakes Microsoft's market cap

NEW YORK (Reuters) - International Business Machines <IBM.N> surpassed the market capitalization of Microsoft Corp <MSFT.O> on Monday and for the first time since April 1996, according to Reuters data.

IBM shares were down 1.2 percent at $168.24 while Microsoft fell 1.6 percent at $24.10.