Apple is going to surpass IBM in terms of stock market capitalization, perhaps as soon as the first quarter of 2008. A split is reported as also being a possibility. Apple surpassing IBM in terms of market capitalization will be a historic moment for longtime Apple fans, considering Apple's famous anti-IBM Macintosh ad 1984. Of course, the IBM of today isn't anywhere near the IBM of those days, but it is still a big accomplishment, given that Apple was fully in the toilet as recently the late 90s.