From: Tom Phillips <[EMAIL PROTECTED]>
> "The exclusive right to copy, modify and
> distribute the Windows source code is the single most valuable equity
> asset ever created by mankind."
> There are many industries that seriously dwarf the PC
> industry. The automotive and petrochemical industries are two that come
> to mind immediately.
That right accounts for most of Microsoft's market cap, which even after the
big downturn is still $370 billion dollars. It has no factories, owns no
big tracts of land, doesn't even have any patents that are interesting
outside the labratory.
It is the most valuable company in the history of the capital markets. It's
>copyrights< are the reason for that valuation - primarily the copyright to
Windows.
General Motors, for example, has a market cap of only $53 billion dollars.
Coke clocks in at $116B.
Disney ($81B), Time Warner ($109B), CBS ($42B) and Fox ($19B). (value of
airwaves controlled by the FCC...)
Ryan
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