I keep hearing folks in the blogosphere talk about how Apple is better and how Microsoft can't ship software.
Then I read Robert Scoble get on a roll here and here talking about the great software Microsoft is shipping today. So far, most of the comments and feedback are negative. Robert must feel lonely.
I remember working at a company with a mixture of Macs, PCs and Sun Sparcs back in 1997. The word around the geek water cooler then was Apple was dead, irrelevant and Microsoft was much better. I remember thinking I should buy Apple stock, since it was trading for less than $5 for most of the year and never peaked above $7. My thoughts were perhaps those few, lonesome souls saying 'Apple still matters' know something I don't.
Alas, I didn't buy.
A $1,000 investment in Apple stock at its maximum price in 1997 ($6.703) would be worth over $6,500 today. The same $1,000 investment at the lowest price in 1997 ($3.422) would be worth over $12,500 today.
According to USA Today, Microsoft stock is trading at 16 times earnings while the average for the software industry is at 24 times earnings. Do I work for a below-average company? I don't think so.
I'm choosing to be lonesome with Scoble this time around.
Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in any way.