So market cap is now the determining factor for the best companies? Here’s the 1980 list of market cap leaders. Had IBM not been forced out of the PC market, I’d bet IBM would still be at or near the top, and MSFT wouldn’t be. 1980:
1. IBM 2. AT&T 3. Exxon 4. Standard Oil of Indiana 5. Schlumberger 6. Shell Oil 7. Mobil 8. Standard Oil of California 9. Atlantic Richfield 10. GE Sent from Yahoo Mail for iPhone On Sunday, October 11, 2020, 2:21 AM, David Crayford <dcrayf...@gmail.com> wrote: On 2020-10-11 11:18 AM, Wayne Bickerdike wrote: > At my exit interview, my manager asked why I was leaving. I told him I was > going to work for a start-up developing applications for Intel 8080 and Z80 > microcomputers. He said, "you can work out a months notice because I don't > ever see IBM getting into those little systems". If he thought I was going > to a competitor, I would have been walked out on the spot. > > The rest is history, just look at the market cap of Apple versus IBM. Just look at the market cap of Netflix vs IBM! ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN
