8 Biggest Companies by Market Capitalization

By siliconindia | Tuesday, 28 February 2012, 10:25 Hrs

2. 1967 – IBM

Market Capitalization of $192.3 Billion in the Year 1967

International Business Machines Corporation, popularly called, IBM, is an American multinational consulting and technology firm. It is headquartered in Armonk, New York. It was established in June 16, 1911. It makes and sells both, computer hardware and software. It provides services in consulting, hosting and infrastructure in fields like - nanotechnology and mainframe computers. As on December, 2011, it was the 3^rd largest publicly traded technology firm in the world by market capitalization. In the year 2011, Fortune ranked it the 18^th largest company in the U.S and also the 7^th most profitable one. Globally, it garnered the 31^st rank as the largest company. Its financial progress has been in the green in the past year, apart from Total Equity.