Apple V Microsoft : The Story .....
Over the years , things can change - sometimes dramatically..
Here's one of the most " classic " examples in recent tech
history..based and credited of course to its visionary founder..
But let's see what all that is about...
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When Microsoft stock was at a record high back in 1999 , and its
market capitalization was approx $620 billion , the notion that Apple Computer would ever be bigger - let alone twice as big -
was laughable . Apple was teetering on bankruptcy .
And Microsoft's operating system was so dominant in personal computers , then the center of the technology universe , that the government deemed the company an unlawful monopoly .
Early in the past week , both Microsoft and Apple unveiled their
latest earnings , and the once unthinkable became reality :
Apple's market capitalization hit $ 683 billion , more than double Microsoft's current value of $338 billion....
Apple's CEO , Timothy Cook called the quarter historic and the earnings amazing . He noted also that Apple sold more than
34,000 iPhone 6s every hour , 24 hours a day , during the quarter.
Apple earned $18 billion in the quarter - more than every company ever in a single quarter - on a revenue of $75 billion .
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"..He knows he can't win " , Bill Gates said then of the Apple's
founder Steve Jobs !
Do you agree , asks the blogger ?
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