Microsoft Volume I

13433.919 - 13458.572 Steve Ballmer

But I think that's the point, right? It's like Microsoft's perception by the market. I'm sure they were growing faster. I'm sure they had better gross margins. I'm sure there was a better story there. And so there's multiple that comes out of story. I'm sure there's lots of good reasons why Microsoft became more valuable than IBM very early. But IBM's revenue did not peak until 2012. Wow. What?