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I'm not sure how you could argue Apple wasn't an 'it' company. Obviously that's a pretty subjective term but not only did they have a revolutionary product but their IPO was a pretty big deal as well. From the Apple Wikipedia article:

On December 12, 1980, Apple went public at $22 per share,[30] generating more capital than any IPO since Ford Motor Company in 1956 and instantly creating more millionaires (about 300) than any company in history.[31]

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Fair enough. I've been an Apple fan for a LONG time, and have always felt it was the alternative, and never the main player. For a long time it seemed like it was just a few bad quarters from selling to IBM. It seems like the "It" companies were the ones that owned their markets.

In defense of your positions, in the early 90s, many of the most talented engineers that I knew flocked to Apple. They left later in the decade, and then returned post-bubble.

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