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- Xref: sparky comp.sys.mac.misc:20744 comp.sys.ibm.pc.misc:15898 misc.invest:15029
- Path: sparky!uunet!digex.com!hacker
- From: hacker@access.digex.com (Dark Hacker)
- Newsgroups: comp.sys.mac.misc,comp.sys.ibm.pc.misc,misc.invest
- Subject: History was made today...
- Date: 17 Dec 1992 02:04:40 GMT
- Organization: Express Access Online Communications, Greenbelt, MD USA
- Lines: 31
- Distribution: world
- Message-ID: <1gon7oINNshk@mirror.digex.com>
- NNTP-Posting-Host: access.digex.com
-
- History was made today. IBM's stock price dropped to below its book
- value of 55 today, to close at 51 points per share on news that Big
- Blue would be shedding another 25,000 workers and cutting their
- dividend. On the very same day, Apple Computer stock closed at 55
- points per share, 4 points higher than that of Big Blue.
-
- When the Apple Macintosh was first introduced, IBM derided this computer
- as "a toy" claiming that mice were too difficult for users to comprehend
- and use. They laughed at the little toaster of a machine: "The business
- world will never accept it." "No one could use this for any serious
- commercial development."
-
- But who's laughing now? IBM is on the skids and scrambling to stay
- alive. Apple Computer is experiencing record sales and revenues
- thanks to their new Powerbook computers.
-
- Innovation and attention to the customer in the form of ergonomic design
- and well engineered products are what distinguish Apple's computers from
- the utter crap being churned out by IBM and the PC clone manufacturers.
- No longer able to rely on consistant sales of big mainframes to huge
- institutions, IBM is suddenly finding it has to (gasp) compete and, if
- it learns its lesson at all, will have learned it too late.
-
- Ignore the market... and the market will ignore you...
-
- - Dark Hacker
- --
- Dark Hacker @ Black Silicon, Fortress Of Computation
- hacker@black-silicon.mclean.va.us
-
- "Life itself is... COMPUTATION!"
-