IBM Now Officially Worth More Than Microsoft
liqs8143 writes with news that IBM's market cap has surpassed Microsoft's, making it the second most valuable tech company. When the market closed on Friday, IBM was valued at $207.52B, while Microsoft was valued at $206.52B.
"At one point during the PC era, Microsoft's value climbed three times higher than IBM's. Apparently, this has been a long two decades in Armonk, N.Y., but Microsoft also is no longer the beast it once was. The guard is changing. Besides Apple, there is also Google. While Google is valued at about $170.59 billion, less than the other three, its $31 billion in annual revenue is half of Microsoft's $69 billion and less than a third of IBM's $101 billion. Waiting in the wings is Facebook, which has been valued in the private market for as much as $50 billion, on negligible revenue."
First post - IBM ahead of MS? Big suprise considering OS/2 was such a flop in later years :p
Which is too bad, since OS/2 was vastly superior to Windows at the time. So much so, that OS/2 was the OS of choice in many applications where stability and security was important, such as ATMs.
If I can be modded down for being a troll, can I be modded up for being an orc, or a balrog?
Yet OS/2 was quite superior to the versions of Windows that Microsoft had out at the time.
In any event, IBM and Microsoft generally work in different areas now -- considering how IBM has their fingers in everything there's considerable overlap, but for the most part they're very different.
and this is why the current implementation of capitalism is fatally flawed, it is founded on fraud, deception, and innuendo. facebook is valued at $50 billion dollars even though it makes very little money and will wither and die just like every other hit social network when something else comes out.
Snowden and Manning are heroes.
In case anyone was wondering, Facebook's 'negligible revenue' is approximately $1billion, with profits of around $300million. Sources at this point seem to be mainly rumor, and vary, but are in the same range.
"First they came for the slanderers and i said nothing."
Not really, it's a good thing.....it forced IBM to reconsider their place in the world, and start a new direction. Their new direction fortunately included open source. IBM spent a lot of money on Linux and other such products, which they likely wouldn't have if OS/2 had taken off.
"First they came for the slanderers and i said nothing."
1995 called; they want their bubble back.
There is a bit of belly button lint that is valued at over $900 nonillion dollars! That's more money than there is in the world, many times over! I would say her naval lint is priceless, but I may consider letting someone else farm my girlfriend's belly button, If they transfered the world's wealth to me, many times over (to have destroyed -- that shit's evil, and the world would just make more money).
Remember when Yahoo's stock value jumped because MS tried to buy them? Did you notice how much better Yahoo's service was during this time? Remember how their stock price fell drastically after the MS buy-out fell through? Remember how Yahoo's service just turned to utter shit at the same time? No? Right, because it stayed the same. These companies stock prices and Market Caps mean jack shit... it's all decimal numbers attached to feelings -- if more people feel good about having a larger number of a company's stock, then it's "worth" more, irregardless of the actual value of the products and services the companies make... It's all based on emotions! Feelings!!!
Now, say you're AT&T. Your stock price is worth X because of your profit and loss statement. If you spend some profit to make your company worth more -- improved speeds and reliability -- then your stock price will fall because the investors see that you are not bringing in as much profit.
Yes yes, there are Analysts, this is an over-simplification, the actual value does weigh in somewhat, but the feelings do more so -- This really does hold true in most cases. Ergo, one reason the US has shitty Internet is because of the funny-money market.
Granted, I feel that MS should be worth less than IBM, even though I haven't seen a single IBM brand device anywhere in my house for years... Even though I don't like or own Apple products, I feel that they should be worth more than MS because their fanbois are loud.
Is it any wonder that the feeling based values relate directly to the public's feelings and thus directly are reflected in the stock market?
How are you feeling about the banking/mortgage industry? About as well as they are doing, eh? Wonder why that is... It's a shame we didn't learn our lesson about the funny-money market the first time... I once showed that my neighbor has spent enough money playing the lottery to have purchased things they talk about buying if they win -- C'est la vie, people are dumb.
MacOS 7.x to 9.x was *not* superior to NT. Macs didn't offer multitasking, memory protection and modern stuff until OS X. Better than 3.x, on some points, but not NT (or even 9x)...
I've got better things to do tonight than die.
How about 'Social Bubble', it sounds friendly too :-)
New things are always on the horizon
If you use Lotus Notes the way it should be used, it's far superior to Outlook and Sharepoint alternatives. As just an e-mail client - sure, outlook is probably better.
This is blinging
It's actually quite easy: The modern economy is a big game, and the score is measured in dollars. Anything else doesn't matter. Unemployed people only matter as far as they are a cost factor. As long as the extra win is larger than the extra cost they cause, they are acceptable. Oh, someone starves from our decisions? Does it cost us something? No? Well, then, don't worry. Our score is not affected. What, morality? Oh, I guess we can make a nice campaign from it. Good for our score. What, we should follow moral rules? That would harm our score! Impossible! No, moral rules are only to be used against others, to reduce their score!
The Tao of math: The numbers you can count are not the real numbers.
I remember when I was a retail software sales goon, going to an IBM presentation for their voice recognition software back in 1995. At the time there was a lot of big Windows 95 stuff going on and the IBM guy was really keen to make sure that people knew IBM was a "real" computer company, and one thing that has always stuck with me was him saying that IBM was the biggest company in that market, and if was so big that if you took the next three companies and added their value together - IBM was still worth more.
Never found out of that was exactly true, but at the time I remember it put IBM in a new perspective for me - I just knew them as a company that made a bunch of weeny boring unpopular PC software packages and did some stuff in the hardware space. The reality seems to be that they're this big, massively entrenched company that has hooks freakin' everywhere.
... to read the headline as "...IBM's market cap has once again surpassed Microsoft's..."?
Don't forget that IBM was a $70 billion turnover company (back when that was worth quite a lot) whose chairman regularly appeared at the shareholders' meeting and apologized for any inadvertent growth during the past year? That was because everyone knew if IBM grew any bigger the DoJ was committed to dismembering it as a monopoly.
At that point, there was no Microsoft.
IBM basically created Microsoft as a defence against the mortal strategic threat posed to it by the Apple Lisa. Yes, that's right: to protect itself against an utterly imaginary threat, IBM itself created the only serious competitor it would have for the next 30 years. Hmmm, maybe not as dumb as you might think... at least it got the DoJ off its back and onto Microsoft's...
I am sure that there are many other solipsists out there.
No... Stock price is not money, it's perception.
Yes. It was valued at $50 billion by Goldman Sachs and as we know Goldman Sachs are experts at running little pump & dump schemes. Coincidentally, Goldman are managing the floatation. What a shock their valuation was!
Macs offered multitasking since 1987, with the introduction of MultiFinder. You are correct about memory protection though.
I'd have to say 7 was superior to NT 3.5, but once 4.0 came out, NT/2k lead the way until OS X.
Be relentless!
The government is going to bail out facebook? Me thinks we've got someone upset with recent elections who wants to inject his anti-government rants into this thread. Government does need some fixing...better regulation of financial markets for one. But your screed comes across as someone who wants to tear it all down.
Blar.
He's talking about preemptive multitasking which Macs didn't offer.
English is not my first language. Corrections and suggestions are welcome.
Back in the 80's, Bill Gates & company said IBM was too much "suits", and didn't know what the customers wanted, or how to deliver it. Kind of looks like MS has done the same thing, sit back and just let Windows run the roost, and now they are behind the times. Tablet computing, MS doesn't have a clue. Phones, MS doesn't have a clue. Windows, or more importantly, the home bound PC, is on its way out and MS is about 5 years behind the times.
OS/2 2.0 offered all these "modern things" you're talking about back when Windows 3.0 was the newest that Microsoft had out, and MacOS was far behind as well.
I'm sure most of us have cut a fart while sitting in a pool or a hot tub or a bath. Urban dictionary calls it an aqua fart, though I've never heard it called anything. Anyhow, when you do it in a hot tub, the heat and chlorine and ass gas combine to form a truly retched stench that lingers.
That's the face book bubble.
Do you even lift?
These aren't the 'roids you're looking for.
Interesting since their stock value and basically the "value" of the company doesn't match their books: "The companies have comparable revenue, with Microsoft at $58.4 billion and Apple at $42.9 billion. But in their most recent fiscal years, Apple had net income of $5.7 billion, while Microsoft earned $14.6 billion. Microsoft has more cash and short-term investments, $39.7 billion, to Apple’s $23.1 billion, which makes the value assigned by the market to Apple, essentially a bet on its future prospects, all the more remarkable." http://www.nytimes.com/2010/05/27/technology/27apple.html Apple certainly does have the coolness factor as of late... I guess that makes up the difference. :)
Correction ... Windows 3.1 came out at the same time as OS/2 2.0.
Comment removed based on user account deletion
He's talking about preemptive multitasking which Macs didn't offer.
A/UX. Way before NT.
Fandroids hate facts.
IBM is once again, Officially Worth More Than Microsoft.
Balmer is killing MS, and it's because he is too busy chasing shinys.
The Kruger Dunning explains most post on
Notes is a dogs breakfast of utter shyte with exotic commands to do what should be simple functions.
While this is true, it doesn't contradict anything he said.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
It was an important part of their PC plans. Counting on Microsoft to help them develop the thing was a serious strategic error.
Help stamp out iliturcy.
lets say I want to open some stuffit files...
You're comparing Stuffit and Winzip. Those are apps, not OS components. And Stuffit is a proprietary format, so there wasn't an alternative (that I recall). I'm sure you could find some annoying Windows archivers.
I used ZipIt on Mac, seemed pretty simple.
All the usability in the universe isn't particularly meaningful without memory protection and preemptive multitasking, unless you are *extremely* picky about what software you run (or unless you only ever want to run one program at a time per computer, in which case you scarcely even need an OS).
I worked with various versions (6, 7, 8, 9) of the classic MacOS on a number of occasions in a variety of settings (starting before I ever saw Windows) on various hardware. It was a painful and frustrating experience every single time, because the mean time between lockups was so excruciatingly low as to make it virtually impossible to ever actually get anything meaningful accomplished. If anything it may have even been worse than Windows 3.x (which would really be going some, because Windows 3.x was about as stable as a three-legged elephant on roller skates).
Cut that out, or I will ship you to Norilsk in a box.
Facebook, damn that was sooo 2011! The "hard on" the Social Network movie has given the geek world today will eventually go limp. I'd say around the time MS does what it does best. Fuck all their partners when they least expect it, steal a sizable marketshare and borgify the general population.
They sink 240 mil into FB (salting its company value) and then FB lets MS implant their spies throughout the office, setup exclusive ad deals, and put a like button on Bing. Zuckerberg whose supposed to be this visionary doesn't even it coming.
- Take Nokia and factor in Skype. MS has made cell phone carriers obsolete.
- Take Skype and link it with MSN and Hotmail, build a FB import tool (which they could do in house). MS has made FaceBook obsolete.
- Take XBOX, Kinect, link it with PayTV, Skype and BlueRay. MS has just created an all in one black box that does everything for the home.
The history of the IT industry is about to repeat itself. Sell your shares in Apple if you've still gottem.