The economic crisis has many a companies fighting for survival and yet out of the blue an underdog in the It industry made it big and even managed to post earnings. Apple has managed to post good profits in spite of the economic downturn which may be reason for a former CFO ratting out on the company’s CEO Steve Jobs. They’ve been at it for a while and it seems that the capitalist mind is hard at work trying to get the better of both of them. The stocks issues and many other financial information that was leaked to the SEC has Jobs in hot water for seemingly unfair stock options in terms of ownership of the company. The truth is out there somewhere yet many questions still have to be addressed regarding their true form (maybe the SEC can finally do their job, properly?!?).
Microsoft the ever looming giant of the software market that has been forcing people to use their many corporate products for many years is accepting defeat as result of the economic downturn as it releases profit projections that is showing losses (well, you win some you lose some as they say) in their many products which failed forecasts. The software giant has established it’s place in the IT industry by first bullying it’s way to the top, pissing everybody else who then came up with many products to rival theirs. Now that the era of the free-ware and open-sourced software has come, they stand to lose a lot of the market they formerly held (on their own) and failure to adapt may spell the end for the software giant. Being the sole representative of capitalism in the IT industry, it is subject to attack after attack by people who make viruses and many other forms of malware as the most used software on earth. Hackers from the dark side hate their ways and seek revenge by plaguing the rest of us as they exact revenge on the giant.