[coderenegade]

IBM got to where it is today by being complacent and not keeping up with innovation. Google is notably at the forefront of innovation, in a driving seat, and that innovation directly stands to benefit one of their core businesses in a way that the market is probably only just beginning to understand. It's an entirely different situation, imo.

[jasomill]

A technology company that's profitably doing over $50 billion in sales after more than 100 years with no obvious signs of impending doom sounds like an okay position to me, even if the tables have turned since 1984[1].

[1] https://www.youtube.com/watch?v=VtvjbmoDx-I

[coderenegade]

The context here is that at one point, IBM was an innovator and global leader in the technology space before it got outcompeted. It was the first company to cross a $100 billion market cap. If you think of the IBM of 50 years ago as being roughly analogous to Apple today, the difference is pretty clear. Google is much closer to Apple than it is to IBM, and I don't see that changing.