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432
433

Steve Jobs giving IBM the finger in 1983 (i.imgur.com)

submitted ago by LurkerMcLurkerton

all 32 comments
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[–]Zoshchenko 18 points19 points ago

I could have sworn they had invented color film by the early '80s.

[–]mrhhug 14 points15 points ago

he used instagram in pre-alpha

[–]Scarbane 2 points3 points ago

so courageous

[–]I_Iz_Hope 39 points40 points ago

once a douche.......

[–]R-Ratones 14 points15 points ago

Yes, now the sign is offended. Oh Steve, you are a rebel

[–]the_red_scimitar 9 points10 points ago

What a visionary. Foresaw the downfall of IBM, and his own immortality.

[–]Lampjaw 9 points10 points ago

Downfall? Wat. IBM is still as big as ever.

[–]the_red_scimitar 14 points15 points ago

Bazinga.

[–]AgentDaedalus -2 points-1 points ago

Big as ever? No. Big, yes, but nowhere as big as it used to be. It's now doing servers and routers, but will never to able to reach the same level as when it was in the PC market.

[–]archonemis 2 points3 points ago

Hipsters everywhere are rejoicing.

[–]acidus1 8 points9 points ago

Jokes on him, he's dead.

[–]chopp3r 6 points7 points ago

So brave.

[–]rillegas08 7 points8 points ago

And now he's dead. Score one for IBM.

[–]Jedditor -1 points0 points ago

Oh Steve. As edgy as ever.

[–]bobothetractor 2 points3 points ago

IBM smartly shifted focus off of the PC market and stayed with server level technology and other business aspects. They are a blue chip stock that wipes its ass with apple stock.

[–]ambiguousexualcoment 2 points3 points ago

Am I missing something? Apple stock has tripled in the past 5 years while IBM has doubled. On top of that, Apple brings in about 3x the income and as far as I know is the most valuable private corporation in the world. How does IBM wipe its ass with apple stock?

[–]clumsymechanic 5 points6 points ago

I dunno about stock, but IBM is pioneering new nanotech and quantum computing technologies, while apple tries to get their maps working.

[–]JAPH 4 points5 points ago

IBM maintains a more stable business. Much of apple's business comes from about three specific items: iPhone/iPad, Mac Book, iPod. The Mac Book helped during the transition from computers to iPods, the iPod transitioned them into iPhones, and the iPhone transitioned into the iPad. Now they are paying less attention to the computers, since they don't perform as well as the other devices in the market. The problem with this (from an investor's standpoint) is that they have little diversification. If they can't transition into something else within a few years, or they make a single bad call in the transition, they will have a Bad Time.

IBM is much more diverse. Like Apple, they have pretty much dropped their laptops (sold to Lenovo), but they have maintained their software, their servers, their HPC, their chip fab tech, and their services. They haven't put the entire company's success on the back of a cellphone. Since income comes from many more places than Apple's they're less likely to run into a catastrophic problem in the future.

While it's true that Apple's market cap is about three times as large as IBM's, and while Apple has a higher net income, IBM has a much higher ROE which helps sway investor confidence long-term.

tl;dr: Apple outperforms IBM by many metrics, although IBM has a higher ROE and may be more stable in the long run.

[–]mrhhug 3 points4 points ago

he later took a loan from M$. really gave the man the finger there.

[–]LiThiuMElectro -1 points0 points ago

Who's laughing now Mr.jobs

[–]Artago 0 points1 point ago

Cancer gave him the finger in the end

[–]wrap_stallion_mang 1 point2 points ago

After Jobs gave IBM the finger, IBM gives him cancer. I used to think Apple was great then I discovered Linux. So much better and more freedom. FUCK YOU APPLE!

[–]bigfatton -1 points0 points ago

You sure showed them, you dead prick

[–]RancidPonyMilk -4 points-3 points ago

r/oldschoolcool ?

[–]steinamo 3 points4 points ago

Old school fool.

[–]ryohei098 -1 points0 points ago

And now hes dead.

[–]0l01o1ol0 0 points1 point ago

Is that a Members Only jacket?

[–]EagleBurn 1 point2 points ago

There's a hate for IBM?

[–]AxCxH -2 points-1 points ago

So photoshopped

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