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Here is the full article (with a sound file of the author reading the article)
I, Cringely Blog Archive Masters Tournament - Cringely on technology
And here is the Mac Daily news summary of said article.
MacDailyNews - 1998 Bill Gates: I can?t figure out why Jobs is even trying to be Apple CEO; he knows he can't win
And here are a few points from tha article I want to make.
June, 1998. Microsoft stock $29, market cap of $250 billion.
Apple’s stock was at $7.25, market cap of only $6 billion.
And today: Microsoft shares now around $27, market cap of $240 billion
Apple's stock is around $240, market cap of $220 billion
(figures have been adjusted for share splits).
So MS's shares have lost 6.9% in those 12 years and Apple's shares have gained 3300% or have risen to 33x their old 1998 value. So if you're a long term investor it's clear who of the 2 companies to invest in.
Going by that alone it's clear to see who won in the past 12 years.
And here are some more random quotes from Bill Gates.
I, Cringely Blog Archive Masters Tournament - Cringely on technology
And here is the Mac Daily news summary of said article.
MacDailyNews - 1998 Bill Gates: I can?t figure out why Jobs is even trying to be Apple CEO; he knows he can't win
And here are a few points from tha article I want to make.
June, 1998. Microsoft stock $29, market cap of $250 billion.
Apple’s stock was at $7.25, market cap of only $6 billion.
And today: Microsoft shares now around $27, market cap of $240 billion
Apple's stock is around $240, market cap of $220 billion
(figures have been adjusted for share splits).
So MS's shares have lost 6.9% in those 12 years and Apple's shares have gained 3300% or have risen to 33x their old 1998 value. So if you're a long term investor it's clear who of the 2 companies to invest in.
Going by that alone it's clear to see who won in the past 12 years.
And here are some more random quotes from Bill Gates.
The one thing Apple's providing now is leadership in colors. It won't take long for us to catch up with that, I don't think. - Bill Gates, commenting on iMac in colors debut, circa July 2000
• You can't come up with a new OS. - Bill Gates on why Microsoft chose to put Windows inside Tablet PCs instead of a different operating system designed specifically for tablet use, November 2002
• There's nothing that the iPod does that I say, 'Oh, wow, I don't think we can do that.' - Bill Gates, September 2004
• I don't believe the success of the iPod is sustainable in the long run. - Bill Gates, May 2005
Mr. Original can't even help copying his own sarcastic and proven wrong quotes:
• There’s nothing on the iPad I look at and say, 'Oh, I wish Microsoft had done it.' - Bill Gates, February 2010