Apple will be bigger than IBM

bloggingstocks.com (excerpt) ^ | May 23, 2007 | Georges Yared

[HAL9000]

Excerpt -

Arguably two of America's best run companies are Apple Inc (NASDAQ: AAPL) and International Business Machines (NYSE: IBM). Both have achieved high levels of success and shareholders have been rewarded along the way. However, both are treading in different waters and Apple is emerging as the winner going forward. In fact, I'm sure Apple will overtake IBM in value over the next two years. Bottom line: Apple will be bigger than IBM.

Apple will be a bigger company than IBM in terms of market capitalization. As of this writing Apple is just about to hit $100 billion in market cap while IBM is at $158 billion. The direction of both companies are at a variance to each other and Apple is certainly enjoying the strength of a major product cycle. My estimates for IBM for 2007/2008 revenues and earnings per share are $93 billion and $6.80 and $99 billion and $7.65 respectively. My estimates for Apple call for revenues of $24 billion and $3.52 and $29.5 billion and $4.05. So why is Apple going to be bigger than IBM?

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[jdm]

IBM vs. Apple since May 1997 (one full decade ago). No competition...

[LFOD777]

Bigger is better, LOL

[jdm]

Here, here!!!!!

[jdm]

The cuter girl gets the smaller sucker? WTF?!

[SamAdams76]

The iPhone is going to be titanic and will only drive the iPod frenzy. As a result, the Mac line of computers will continue to explode and their growing marketshare will only accelerate from here.

BTW, I'm not an Apple fan and I was a Microsoft fan for many years. However, Microsoft has lost the cutting edge and Steve Ballmer is OUT of control!.

Meanwhile Apple has been introducing some stunning products to the marketplace and shows no signs of slowing down anytime soon.

BTW, did I mention that Steve Ballmer is a real nut job?

[L98Fiero]

Amazing what manufacturing toys for tech-addicted can do.

[lesser_satan]

bump

[dinodino]

heck yeah!