And as he goes on to point out, if you took the iPhone business out of Apple then what remains is still larger than all of Microsoft combined.
Now yes, this is a result of the stunning expansion of sales in this past year or two, even you need the rise in that last quarter’s sales to make the sums fully work.
But to someone like me who started paying attention to the computer industry around 1988, 89, this is a gross affront to the established worldview. Apple’s the plucky little upstart with a niche business and Microsoft is the globally encompassing near monopolist of the desktop.
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