Apple (NASDAQ: AAPL) and International Business Machines (NYSE: IBM) are established tech companies on opposite ends of the spectrum. One has attained the largest market cap in the U.S., and the other has remained a force in the tech industry for more than a century.
However, Apple has become a significantly more expensive stock, particularly since its market cap has moved past the $2.25 trillion mark as of the time of this writing. At a market cap of just over $110 billion, Big Blue suddenly does not seem so large. Nonetheless, with new leadership and recent successes in the cloud, it may begin to make a long-awaited comeback. Let's look at both companies to see which might make for the better investment.
Admittedly, Apple's balance sheet may make it seem like a slam dunk at first glance. The company holds more than $193.6 billion in available liquidity. With this position, few companies can match Apple for either balance sheet stability or flexibility.
Source Fool.com