Quick: Name the world's biggest tech company: "It's IBM, right?
Well, that's only half right--because Hewlett-Packard has now pulled into a dead heat with Big Blue. I discovered this while rummaging around Yahoo Finance this morning. If one looks at trailing twelve months of financial reports, both companies have sold exactly $88.89 billion over the last year. And analysts' consensus estimates are that HP will grow 5.1% in fiscal 2007, versus 4.3% for IBM. So a changing of the guard may not be far off."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.