IBM Unseats Microsoft As Second Most Valued Tech Company
First time accepted submitter FlatEric521 writes "The BBC is reporting that for the first time since 1996 IBM's market value has exceeded Microsoft's. The values cap a sustained period in which IBM's share price has moved steadily upward as Microsoft's has generally been in decline. Of course, Apple is still the #1 company by far."
IBM is worth more to the U.S. government then INTEL, Apple, and Microsoft combined.
What happened to the last time this happened?
http://news.slashdot.org/story/11/05/22/0232216/ibm-now-officially-worth-more-than-microsoft
If you believe in rational markets -- I do, if the time horizon is long enough -- the market is simply valuing the respective companies according to the net present value of their expected after-tax profit streams. (That's an oversimplification but only slightly.) Looking at profit growth, IBM has outpaced Microsoft for several years running now. If the market simply extrapolates that trend forward, at some point IBM's and Microsoft's valuations had to cross.
Apple's P/E ratio is only 15. On what exactly do you base this prediction?
-jcr
The only title of honor that a tyrant can grant is "Enemy of the State."
Oh, yeah. They should have bought into Plays For Now, or Zune and they didn't. What fools they are! They should have grasped that brass ring when it was before them, and now they could be enjoying the rapture of Windows Phone's one percent market share. after having sold their soul to the devil to get there like Nokia is doing.
Um, no. Not just no, but Fuck no. Are you fucking kidding? I saw this movie and it doesn't end well. It's a sole survivor flick where even the survivor is tortured.
But it's different now because Microsoft has grown warm and fuzzy.
Fuck you. We've had that story a thousand times, and it's a faustian bargain every time. The devil treats only when it's his advantage to do so. Make a deal with him, and he gets your soul. That's how it works.
Help stamp out iliturcy.