Alphabet looking to issue a 100-year bond. Last time this happened in tech was Motorola in 1997, which was the last year Motorola was considered a big deal.
At the start of 1997, Motorola was a top 25 market cap and top 25 revenue corporation in America. Never again.
The Motorola corporate brand in 1997 was ranked #1 in the US, ahead of Microsoft.
In 1998, Nokia overtook Motorola in cell phones, and after the iPhone it fell out of the consumer eye.
Today Motorola is the 232nd largest market cap with only $11 billion in sales.
Feb 9
at
4:05 PM
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