IBM vs AMZN
Side-by-side quantum stock comparison: market cap, share price, classification, and thesis.
Market cap, head to head
Stat-by-stat
| Metric | IBM | AMZN |
|---|---|---|
| Type | Diversified | Diversified |
| Segment | Hardware + Software | Hardware + Software |
| Exchange | NYSE | NASDAQ |
| Country | US | US |
| Market cap | $235.62B | $2.85T |
| Share price | $250.69 | $265.29 |
| Employees | 270,300 | 1,560,000 |
| Sector | Technology | Consumer Cyclical |
| Industry | Information Technology Services | Specialty Retail |
Quantum thesis
IBM runs the most mature commercial quantum program of any public company. IBM Quantum operates a fleet of superconducting processors over the cloud, publishes a detailed hardware roadmap, and ships Qiskit, the most widely used open-source quantum software stack. Quantum is a tiny share of IBM revenue, but no other diversified bet has more direct quantum exposure or a longer track record.
Full IBM page →Quantum thesis
Amazon runs Amazon Braket, a cloud service that brokers access to multiple third-party quantum processors, and has its own Center for Quantum Computing at Caltech working on error-suppressed cat-qubit hardware. The thesis is similar to Microsoft's: cloud aggregation today, an in-house hardware bet for tomorrow.
Full AMZN page →