Originally posted by boriscleto At one time the same would have been said of Kodak or IBM.
IBM was broken up, Kodak is basically just a brand name now. Xeroxed anything lately? (But I'm pretty sure you've used a GUI or transmitted data over Ethernet lately)
Neither ever had $10 a share in
CASH, inflation adjusted or nominal. That's 30% of the share price!!!
When was IBM broken up? Never read about that one. Did you mean AT&T? They bought NCR after the wireline companies were spun off into the 7 Baby Bell companies in 1984.
Neither Kodak nor Xerox had ratios like Microsoft has. They were Plant & Equipment-bound, labor-intensive, capital-heavy businesses that collapsed under the weight of their obligations. Microsoft has no obligations (or comparatively none).
Granted, MS is sclerotic and too big to capitalize on its ideas, which is why they should self-separate into smaller pieces - but bankrupt? Never gonna happen.