They were forced out in a lawsuit first filed in 1969 that the government/IBM 
settled in early 80’s. I’m not referring to them selling their PC business to 
Lenovo. Read up. It set up MSFT to dominate the PC software market. IBM and 
Microsoft: Antitrust then and now 
  
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IBM and Microsoft: Antitrust then and now
 
The giant's insistence on "conduct remedies" harks back to the 1980s, when IBM 
ended its antitrust skirmish by vowing to change its monopolistic ways.
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On Sunday, October 11, 2020, 11:33 AM, Robin Vowels <[email protected]> wrote:

On 2020-10-12 00:57, Bill Johnson wrote:
> 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.

"Forced out". I think not.
IBM gave up that market.

> 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

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