Apple To Surpass IBM
Apple is going to surpass IBM in terms of stock market capitalization, perhaps as soon as the first quarter of 2008. A split is reported as also being a possibility. Apple surpassing IBM in terms of market capitalization will be a historic moment for longtime Apple fans, considering Apple’s famous anti-IBM Macintosh ad 1984. Of course, the IBM of today isn’t anywhere near the IBM of those days, but it is still a big accomplishment, given that Apple was fully in the toilet as recently the late 90s.
October 8th, 2007 at 7:18 pm
You can’t really compare Apple with IBM since IBM has pretty much transformed to a service company. And Apple is becoming a electronic and entertainment company.
October 8th, 2007 at 10:06 pm
I definitely agree that IBM is a pale shade of what they used to be. The reversal of fortune and market capitalization is all I’m trying to compare.