Yup. Stock's at $185 and our market cap has hit $160 billion, meaning we're now worth more than IBM as Fortune points out. Of course Fortune can't resist asking, "Who's the Big Brother now?" Fair enough. But I like to think of us as a kinder, gentler Big Brother. Unlike IBM, which used its monopoly and market power to abuse customers, we at Apple are using our monopoly and market power to make the world a better place. It's just simpler when everyone can focus their attention on one vendor. As long as that vendor is not doing evil. Like us. And Google. Okay. Now fasten your seatbelts, friends, because we are going to have one hell of a wild holiday season. Peace out.
Tuesday, October 23, 2007
It's official -- we're bigger than IBM
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22 comments:
I like to think of it like the Revolutionary War.
IBM just got Pwned
FSJ, you don't happen to have any high res shots of that chick throwing the hammer, do ya? She was really pretty hot. A nice poster of her in that singlet would be a great milestone gift for loyal customers, as Apple sailed past IBM.
But isn't Uncle Fester the new Big Brother? Or is that Homeland Security? I just can't think of Apple as totalitarian evil. But my glasses are fogged by the current surge in the value of the stock I own.
Apple is to IBM as Brave New World is to 1984. A dictator, yes, but a kinder, let's-feel-good-together kind of dictator.
SteveO,
Thank you for all your work, passion, style and love enough for Apple, your baby, to be kind enough to have come back like you did and save the now most powerful computer company in the world.
I have waited and been patience. I have heard every FUCKING smack line about Apple, and read every FUCKING BS story about Apple's demise and hung in there.
And Today I can say to all those whom I listened too for the last, oh 20+ years, uh hum, FU.
FU, all the MStards that I listened too. SCrew your little OS, and MasterTard Bill, Monkey boy and they crew.
Apple is the greatest, has been, and always will be. And you know why?
Love. Passion. Attention to detail.
Oh yeah, an OS that Kicks the Crap out of all the others out there.
Peace all,
TCD
IBM will vanish and shrink.
call this the first milestone. if your market cap then keeps screaming through the holiday season and first quarter, and you are now at $300 Bil. and you surpass microsquish's market cap, call that milestone two. call milestone three where you buy all of redmond, and send them all packing — beastmaster, blowhard-bogus, that silly bald-headed mr. trendy zune guy, all of 'em. maybe just absorb into a games division at one infinite loop. ah, that'd be the day ... {puffs on big shareholder cee-gar...}
i agree with the first commenter on the fortune storey — it really should be, "who's your daddy?"
Now just don't make the John Lennon Error and say you're bigger than Jesus!
Look what I just found: horrors!
Since you're all flush with success and predicting a black Christmas and all, seems good a time as any to mention that I have 17 year old triplets, and well, their birthday was last month, and 3 Ipod touch(s) set me back a pretty penny, Steve. We're dining on hamburger all month. And not the 95% lean, it's ground chuck time.
If every apple product in the world dissappeard it would leave no impact. If every IBM product in the world dissappeard we would be in the stone ages.--digitalrain
If every apple product in the world dissappeard it would leave no impact. If every IBM product in the world dissappeard we would be in the stone ages.--digitalrain
Apple is definitely the better Big Brother.
IBM didn't respect an embargo on South Africa's apartheid. That alone makes them pretty evil…
"for the first time in all history, a garden of pure ideology, where each worker may bloom secure from the pests of contradictory and confusing truths."
FSJ,
Man, you are going all out! Projection of $9.2 billion for the xmas quarter! And, I'm sure you plan to beat that, as usual.
Vegan Vegan
(On a roll!)
AAPL's price-to-earnings ratio (trailing) is 53 -- just a shade behind frothy GOOG -- while IBM's is 17.
Since Apple would have to grow like Barry Bonds to justify its valuation, how will they do it? Fill the gaping holes in their product line? Do iPhone-style price cuts on all Macs? They'll never do the one thing that would actually get their market share above 20%: let Dell and HP sell boxes that run MacOS.
My glasses are fogged thinking of that hot chick throwing the hammer...
BTW TheConsumerDude and Faddah are *really starting to freak me out* man....
FSJ, that's all you have to say after more than 2 decades of dreaming the impossible child-like dream? This isn't a ho-hum "oh yeah, in you face" situation. This is a "break out the bubbly and the mescaline, we are going to party like it's 1979" situation.
Ummmm for the record... a 70% share ain't even close to a monopoly. And even if you believe in lock in (which I don't), lockin for the 70% isn't a monopoly. Every company with a whit of proprietary IP controls that IP. But monopoly is over a meaningful (that is not the "market of iPods", or "computers that run MacOS") market, and umm... there's this little company called SanDisk doing quite well.
syed @ 12:10 pm - oh really?
do you really want to go down that road?
because waaaaaaaaaaaay back, during the apple I & apple II days, ol' woz (yeah, i'll give the homunculus credit when it's due) created a wonderful little chip that went on the motherboard called the "IWM."
know what that was, syed pally?
it was the i/o disk controller controller that enabled you to have disk drives, like 5 1/4" floppies back then, but then later 3.5" 720 k & 1.44 mb later. it is also the basis of code for disk controller chips on motherboards that now handle scsi, ata & sata large hard drives. "IWM" stood for "integrated woz machine."
and all computer manufacturers, and i do mean all license that chip or a derivative of the code in that chip, to make desktop or notebooks interact between storage devices and the motherboard. all of 'em. how the hell do you think he could afford the us festival??
you might say without that lovely one little "IWM" chip, nobody, not apple, not ibm, not any of the clone manufacturers or the entire desktop pc & notebook market that followed, would not be on the face of the map, because we would have had no way to get data into the macine back then, were it not for woz's IWM, invented at apple.
now, do you want me to start breaking down the long line of apple patents which are now licensed by how many other computer companies, to make their pc's do what they do?
no, i didn't think you would.
>> you might say without that lovely one little "IWM" chip, nobody, not apple, not ibm, not any of the clone manufacturers or the entire desktop pc & notebook market that followed, would not be on the face of the map, because we would have had no way to get data into the macine back then, were it not for woz's IWM, invented at apple.
Tape cassettes rocked!
whoms problem
The ultimate question is...
After all the years of "[Sony|IBM|Disney|Sun] is going to buy Apple!" rumors, are we finally going to see some the other way around?
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