I read somewhere today that Facebook was real close to passing IBM’s market cap. Sure enough yahoo puts IBM at 194.85B and Facebook at 192.42B. I find this amazing. IBM has 431,212 employees, Facebook 6,818. There is no doubt in my mind that investment wise Facebook has more potential I just don’t completely understand why.
IBM
http://en.wikipedia.org/wiki/IBM
Facebook
http://en.wikipedia.org/wiki/Facebook
It brings to mind how a couple decades ago everyone was amazed that Microsoft's marketcap was bigger than GM --how one office bldg in Wash. could be do more than aallll those factories.
The way the world's wealth creation has been evolving is that while factories and labor are nice, it's information that makes the difference. Come to think of it, that's the way it's always been...