
This is the first time that IBM's market value has surpassed Microsoft since 1996. In May of this year, the company's market value briefly surpassed Microsoft in the intraday trading. In 2000, Microsoft's market capitalization was three times that of IBM.
This year, IBM's share price has risen by 22%, while Microsoft has dropped by 9%. Apple still ranks first among global technology companies with a market value of US$422.9 billion.
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