On October 6, 1997, in response to the question of what he’d do if he was in charge of Apple Computer, Dell founder and then CEO Michael Dell stood before a crowd of several thousand IT executives and answered flippantly, “What would I do? I’d shut it down and give the money back to the shareholders.”
A little more than a month later, on November 10, 1997, new Apple iCEO Steve Jobs responded, speaking in front of an image of Michael Dell’s bulls-eye covered face, “We’re coming after you, you’re in our sights.”
Today, after a little more than eight years of hard work, Apple Computer, Inc. passed Dell, Inc. in market value. That’s right, at market close Apple Computer ($72,132,428,843) is now worth more than Dell ($71,970,702,760).
Got any snappy retorts for that one, Mr. Dell?
Luckily, Apple has had the right man in charge since July 1997; a man with the vision and the ability to do what lesser men think impossible.
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YE BABY!!!!!!!!!!!!
They did it!!! Congratulations Apple!!!
Boy am I glad that I “put my money where my mouth is”. True a bit late in the game but still with a NICE profit.
that goes to show that copying others’ work doesn’t always pay
Wow. Considering how everywhere I look there’s a Dell, this is pretty amazing. Now let’s see Apple’s revenues beat Dell’s.
WITHIN seven years Apple has made that change. Fast, but it wasn’t due to the Computers or software they created, it was because of the iPod and their distirbution of music via the iTMS (okay, that _is_ software).
let’s not loose our minds here. Without the iPod/iTunes success, AAPL would not be anywhere close to DELL’s market cap.
I love Apple, but I am also not on crack.
Dell plastic crap….it should come with a Hefty bag. I have one running in my office, and the loud fan noise is like water torture.
Who cares if it’s because of iPods or if it’s because of computers. Either way, Apple is worth more as a company than Dell is now. Period.
You may see Dells everywhere now, but UK corporates are getting fed up with the rubbish service and are moving back to HP. Every Dell server I see is years old. If this is being repeated elsewhere, Dell are on the way down big time.
The Stock Markets are for speculation. Traders aren’t interested in current earnings, only future potential.
My prediction : Sun to buy Dell in 2008.
So what does this actually mean? Sorry, I don’t know much about economics.
No doubt Dell will resort to the “iPod is just a one-shot fad” argument.
Yeah, like it was last year and the year before that. And the year before that….and in the meantime, iPod continues to grow at a rate of 300% a year.
So, how are those sales of the Dell DJ?
Hoo Rah
Wow, bull-eye! Steve’s perfect shot! Let’s all mark this historical day, and it’s only the begining of what Apple could become in the computing/multimedia powerhouse. M. Dell, feeling the burn? you sure wish you’d better kept your mouth shut then rite, look at you, nothing more than an idiot.
Way to go Applel!!!
After another year we’ll be reading the phrase….
Beleaguered Dell
oct 97 <-> jan 06 = 99 months
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Wow, that iPod’s got legs! And with only 4% of the computer market (and growing)– this is gonna’ grow to be one fat Apple!
Weird how dates sync up with Apple so perfectly…
April 1st – Incorporate Apple (I think, that is)
June 6th (D-Day) – Switch to Intel
The Other Day – Stock price ends up $80.86
Surpasses Mike’s Company – Friday the 13th
Any others?
In response to Moe, what it means that Apple, the company, is worth more than Dell, the company. If a third company were to buy one or the other, it would cost them more to buy Apple, in theory. What this means, is that the market, today, considers the present value of Apple’s future income stream, less its liabilities, is greater than Dell’s. The market capitalization should be approximately equal to this present value. If the market cap is greater, then institutions will sell, bringing down the stock price. If the market cap is greater, then they will buy, driving up the stock price, either way, driving the price toward the present value.
There’s nowhere to go but down for Dell. Apple innovates “upward”, creating exciting new products and services that capture the public’s imagination and inspire interest in the company. Dell innovates plenty as well, but they innovate “downward”, finding new ways to increase production efficiency and cut costs, making computers as cheaply and quickly as possible.
The problem for Dell is that “downward” innovation is limited by the floor; i.e. you can only cut and trim so far, and they’ve reached that limit. By contrast, Apple’s innovative capacity is limited only by the imagination of its employees.
Dell has no real future. Oh, they won’t necessarily disappear, but they’ve achieved all they can achieve. From here on out, they’re merely another Windows box assembler, fighting with Lenovo et al for a share of a revenue pie that will steadily shrink as the product in question becomes ever more commoditized.
Hey Mr. Dell, EAT APPLES DUST!
LOSER!
Revenge is a dish best served cold.
I imagine it’s a bit chilly inside Dell’s HQ these days. Sure, just like Microsoft, they’re a cash cow**, but they’ve got Lenovo sneaking up behind them. That can’t be a good feeling.
**I just checked– Dell has a little more money in the bank than Apple. They’ll need it.
Tera Patricks
Mac360
Bill and Monkey Boy is next.
Rock Steve!
It doesn’t matter if Apple’s success is due to the iPod.
Dell also sells their DJ mp3 players which can be used with a variety of online music stores except iTunes. Yet the DJ (DJ = Dell’s Junk) hasn’t caused Dell’s stock to climb nor has it produced any significant revenue/money for them.
Apple’s Mac has seen significant growth every quarter and is about to see even more growth with the intel chips and greater apple computer awarness.
Both Apple and Dell sell basically the same type of hardware.
Apple is an innovator and has consistently produced completely awsome technology that everyone can easily use and wants. Apple shows no signs of slowing down either. They can only acheive more success from their position of being a “niche player” in the computer market.
Dell is just a copycat company that manufactures cheap, below-quality computers that comes with an out-of-date legacy foundational, unsecured and bug ridden Windows OS. Many folks are finally realizing this and are giving Apple another look!
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That’s what happens when you have large volume and low margin. What good is that to investors?
Nada, Mike.
Bozo.
Steve
We all knew this day would come…well, except for Michael Dell apparently. What a joke.
“How’s dem Apples?!”
Was that really Steve Jobs?
me said: ‘WITHIN seven years Apple has made that change. Fast, but it wasn’t due to the Computers or software they created, it was because of the iPod and their distirbution of music via the iTMS (okay, that _is_ software).
let’s not loose our minds here. Without the iPod/iTunes success, AAPL would not be anywhere close to DELL’s market cap.’
Utter crap!
For a start, Jobs made the comment about Dell in 1997. The first iPod did not hit the market until 2001 – four years later, as for the iTunes store, that didn’t debut until 2003 – six years later.
So the impact on Apple’s market valuation, while impressive in the last three years, is hardly the whole story. I’d argue that the introduction of the first iMac into a moribund and overwhelmingly beige market had a bigger impact on Apple than practically anything else.
Dell makes crapola, it’s over for them.
other macdude said: “It doesn’t matter if Apple’s success is due to the iPod”
I agree with you on that. no one says Dell wouldn’t be making money if it wasn’t for those desktops, or MS would be going broke if it wasn’t for MS office.
Hey, I remember paying $2000 for a powerbook when apple was basically a sinking ship w/o Jobs. its kinda cool that they are %!##* everyone else with the ipod right now.
CAN I GET A WOOT!!!!!!!!!
This is great news indeed. Put any two comparable computers side by side, one from Apple and the other from Dell and they’re as different as night and day.
Even without turning either one of them on, the industrial design and the internal engineeringof the Apple units are light years ahead of the Dell machines.
Jolly good show, Apple!
Sorry guys ! I do love Apple because they do good and neat SW, good and neat HW and all the rest, and I’m really glad for Apple’s performance of topping Dell in MV. It’s good to make fiesta from time to time, but what about postponing the champagne and confetti time for the moment when Apple’s annual turnover will top Dell’s ? Until that day, keep this chart in mind: link
@ Moe
It means that Apple as a company is worth more $$$$$ than Dell computer even though more people in the world use Dell PCs than Macs. Dell PCs have a very small profit margin (single figure percentage when sold) Macs sell with average profit margin of 28%.
mr. fiesta, bananovac, maybe your argument would work better without a broken link.
Bwahahahahahahahahahahahahahahhahahahahhaaaaaaaaaaaa!!!!!!!!!!!
On 10/6/97 Dell closed at $98.6875 or split adjusted 8:1 at $12.34. Apple closed at $21.9375 or split adjusted 4:1 at $5.48.
If somone invested $1,000 in each company the next day they would have purchased, in today’s split adjusted values, 81.04 shares of Dell or 182.5 shares of Apple.
The Dell stock today would be worth $2,478.20 while the Apple stock would be worth $15,620.16.
Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha.
That’s hilarious. Apple’s worth more than Dull.
Dell – stop shoving your cheap shite on us. We hate your crap
Dell ightful, its always a shame when people say supposed proper things, to be made a fool of in just a few years, What would his answer be, I wonder if Mr Dell was asked the same question now?
Interesting. So now that Apple surpasses Dell in value, a lot of you are ready to write Dell off. Wasn’t it that same retarded mentality that got Dell to shoot his mouth off in the statement you’re now busting his balls over?
A little bit of humbleness might be in order folks. It’s not like it’s your hard work that got Apple to this point.
Let’s face facts. This site is largely comprised of very immature partcipants these days. Which means it’s probable few of you have supported Apple to any significant degree monetarily. Owning a clamshell iBook doesn’t mean you’re the reason Apple has crossed this bridge today.
And if you think Dell and MS are doomed, you’ve aparently overlooked the incredibly effective busniess tactics those two employ (ethically/legally or not).
imax
love it . . . add my ha too!!
Capt. Obvious:
I’ve endured 15 years of odd looks for being a Mac fan. I’ve bought more than my share of Mac products and depending upon the weather my Apple logo tattoo is good advertising. I can take a little bit of credit and I gloat just a bit.
Yes, MS and Dull aren’t going away anytime soon but it is nice to see the tables turned.
BTW, that $1,000 invested in MS in October 1997 would be worth a measly $1,608.83 today. Granted they’ve paid out dividends but not enough to make up for the difference. Eventually MS and Dull shareholders are going to begin to ask questions the way Roy Disney did at Disney.
And at the same time Apple grab’s Intel’s newest and latest chips before Dell could get ahold of them.
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Right, TankMan ! Take this:
http://finance.yahoo.com/q/bc?s=AAPL&t=my&l=on&z=m&q=l&c=dell
Cpt. Obvious
I have owned 12 macs, 3 mac printers, 1 mac cam, 8 ipods and converted dozens of people to the beauty of mac, I think I can say thank you Steve and the crew, I’m a happy little bunny with this landmark.
babanovac,
Ancient history vs. recent performance.
Right back at ya:
http://finance.yahoo.com/q/bc?s=AAPL&t=1y&l=on&z=m&q=l&c=dell
And so come the expected replies like “but I own X number of Macs!”
Well, if you’ve bought 12 Macs, then I’m not talking to you. Nowhere did I say nobody here has helped. Read again what I said, and explain to me where I’m wrong.
And no, getting funny looks from PC users for years doesn’t entitle you to anything. Gloating back at them at this point means you’re no better than they are. So way to go, you’ve joined the crowd of assholes!
Nobody cares about what Dell’s stock was doing 10 years ago dude. Look at AAPL vs DELL vs MSFT over the past 5 years. AAPL is absolutely killing them both.
Ya Broker, whish u’d b right ! U call it ancient history ? Maybe. I just call it history. Life (and everything that goes with, like business for instance) goes only with the (very) long term. Short term means nada. And that, I’m pretty sure SJ knows it. So, let’s hope together that 01/10/06 and 01/13/06 will be the 2 milestones in Apple’s long term revival.
To Re:babanovac
Nobody ?!… What about Wall Street, dude ?…
I’m no expert in stocks but do know a thing or two. The price of a stock does not directly reflect how valuable the company is. Often companys will do stock splits where they will cut the price down and give stock holders more shares. There are other things that effect the price of the stock as well that are far over my head.
=———-
How to be a http://CollegeCheapskate.com
————–=
Thanks for all the explanations
Funny thing is M Dell recently even tries to copy OSX bright blue desktop picture to mask its dull hardware & flaw installed os, which i guess he succeeds (i never paid attention to Dull stuff before) but only to show off more clearly the big differences between Steve’s shiny Apple and his dull box, see how stupid & desperate that guy is.
Umm, Wall Street doesn’t care what Dell’s stock was doing 10 years ago either. Wall Street only cares about what’s happening right now, today, this minute. Please, get a clue.
Beautiful! It’s a great time to be a Mac head!
MW: Can. Yes, it can happen!
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To all those who wish to rain on the parade… Let these people have their fun at least for a few minutes. It really woudn’t even be a big deal if Mr. Dell hadn’t made those off color comments about Apple back in the day. So, in some ways it is a sweet revenge. In a way it is like a big F U to all those dell users who have openly mocked people simply because they use a mac. Really, that is all this is truly feeding in these people on here. It is a form of revenge for the taunting that many have had to endure.
Now in the world of reality. I think this really should be an indication to those windows fan boys/dell fan boys that they shouldn’t be so quick to dismiss Apple as they typically do. Years ago it was an impossibility that Apple would ever be worth more than Dell. At the moment it seems impossible that Apple will break the 10% marketshare ceiling. It does make one wonder what the next few years hold. I wouldn’t be suprised that if in 5 years 10% is a surpassed dream while we eye 15 or 20.
Sorry Capt. Obvious, but I’d have to say you are wrong. Anyone that has bought a Mac has contributed to the success. Anyone that has convinced another person or their company to buy Macs has contributed. Those that didn’t follow like the rest of the sheep have contributed. Those of us that bought our first Mac in 1984, and have owned several since have contributed. AAPL shareholders, whether you own 1 share and have it in a frame on your wall, or like me that own several thousand shares, are all contributors.
It’s not just you or just me or even just Steve. It’s all of us. It’s been a long time and there have been enough low times. I think we have a right to laugh at Dell right now. Michael Dell is an asshole and has made some outlandish statements. It’s his time to eat crow.
My MDN Magic Word is “Respect”. I like that and it is very appropriate for this story.
And just think – Apple did it with an iPod!!! Kicked Dells computer ass with music/video playing iPod! Who needs computers when you can beat Dell with an iPod.
Yeah, baby!
What would happen if Dell bought OS X v 10.4.4 at retail and installed it on their cheap junk computers? Would it work? What could Apple do? This is a thought.
Zonkzor,
When a stock split occurs, the price per share is split as well so that the total remains constant. As an example, if a company has 1 million shares outstanding, and the price is $100 per share, and you have 100 shares, the company has $100 million outstanding in stock, and you have $10,000 in stock. If a 2-for-1 split occurs, the price goes to $50 and you have 200 shares. There are now 2 million shares outstanding. At $50, the company still has $100 million distributed, and you still have $10,000 worth.
The same is true for a 3-for-1 split, and the reverse is true for a reverse split.
Thank you all you Windows PC owners that bought an iPod to use on your Dell PC – you made Apple worth more than Dell.
Now please buy an Apple computer to go with your iPod. We got Intel inside.
Reality Show:
Yes, you may go to school. Good night.
Sorry Jimbo, but I choose to disagree.
It might degrade into a bit of a chicken and egg scenario here, but the fact of the matter is that Apple creates the great stuff that we consume. I don’t walk around acting like some badass because I have a Mac. I certainly would never claim that I have a right to gloat simply because I’ve chosen to buy a great machine that Apple designed.
If they didn’t design great stuff, I wouldn’t buy it. Bottom line. My dollars are earned by them. And the praise has been earned by them. Why should I take any credit for any of it? Does anyone honestly believe MDN fanboys that foresee the impending doom of a $70B+ company deserve any sort of credit, consumers or not?
MW: Think.
Proud to be converting, got my hands dirty with the new iPod Nano, and have decided with a great deal of happiness (with much thanks to Steve Jobs and Kevin Rose) that Apple Computers are the way to go.
Proud to be a convert of the apple…
Lets hope my literary writing skill lives up to my investment in such a fine product.
Garratt-J
Anyone out there has some interest to know the very minute when things turned upside down = when AAPL stock value went > DELL’s ? I can trade the info for an old Pentium III 933Mhz Beige Dell. That is: I give you the info, you give me the Dell.
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Dude, you’re getting a Dell share
BTW, HP is next on Apple’s climb.
They are $18.5 billion away at the moment which should be around six months work at the most, and more likely the results for Q2/FY2006 may be the tipping point in that little battle.
Yeaap ! I take it. Here’s the info: 01/13/03 at 03:52, AAPL $85.4939 (+1.34%), DELL $30.6143 (-0.39%), that is 1.73% gap. Take it and write it on your wall. And get my &%?! stock !
Da Grump, yea obviously thought about this cheap trick M Dull or any competitor with big pocket could do so its made it clear, no OSX on PC whatsoever, any attempt to do that would be illegal. It even has a hidden warning for hackers “do not steal OS X” on new Intel system as a post here today. wont try to prevent users to install windows on new Macs but wont allow OSX on any pc, period, which is great, we can use our mac all the time even when need to fire off that crappy winxp for some apps, At least thats a hope now because no one knows for sure yet if winxp can really be installed on a Macintel.
Umm, Wall Street doesn’t care what Dell’s stock was doing 10 years ago either. Wall Street only cares about what’s happening right now, today, this minute. Please, get a clue.
—
your point being.. Dell sucks right now? thanks. Way to defend the PC industry.
Please Mac fans becareful with your money. We can root for Apple and SJ without being stupid. What company or consortium would purchase Apple at these rarified PEs. These most visible analysts are making money for their firms from transactions not investments. 75% of Apple is owned by institutions with so much money they have to put it some where. Just because an analyst says $100 USD or what ever in the press, what is their basis? Maybe Apple should consider making acquisitions with its new found free money,stock.
Just another example of the fact that the tides they are a-turnin’, no matter whether that is done by the help of the iPod or if anyone has or has not the right to gloat or rejoice or whatever, by having or having not purchased x number of Apple-products.
This happened with the help of the iPod, yes, but the iPod is not the end of the story. Maybe it is not the personal computers as such, either. That all depends on how that area will develop on the whole, but I am convinced that Apple – and Jobs – are hell bent on setting things right again, after the totally absurd situation we have had for such a long time, that a mediocre (at best) product has totally dominated the market.
I am convinced that there could have existed even better OSes than Mac OS, but as it is now, it is the best there is. Linux might be even better but it lacks in one important detail; it is still not easy and intuitive to use the way the Mac OS is and the way and iPod is easy to use.
That is what is going to turn the tides even more; the care for detail, the love of design and functionality, the understanding of the end user’s need for a product which is simple and easy to use and reliable as well.
Apple doesn’t need to be the first to the market with products as long as they understand what so many others are missing; the need to make it simple.
Just wait and see. iPod might have brought Apple here, but Macs will bring it further on – especially Mac OS X.
The word is ‘service’. Aight!
It’s funny people say yeah, but they complaine about the new MacBook Pro’s name, the lack of modem, the lack of firewire, the video, Job’s chosing Intel, instead of AMD. Complaine and hoot, complain and hoot. Make up your minds. GEESH
So Mr. Jobs, what would you do if you were in charge of Dell?
I read an interesting article a few months ago saying that Dell’s growth is slowing and there’s little they can do to keep growing which means Wall Street will begin to sour on them. Apple, on the other hand, has plenty of room for growth and a visionary for a CEO. If memory serves, Steve Jobs makes a heck of a lot less than Michael Dell too.
What this article tells me is that people seem to think that Apple will be more profitable than Dell in the future. This is somewhat obvious… ipods are selling like hotcakes and the PC industry is reaching maturity. Duh
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However, without looking at any numbers I’d guess that Dell is STILL far bigger than Apple.
Another famous Michael Dell quote:
Q: What is the future of Apple Computer?
A: Silicon Graphics
Now, maybe it should read:
Q: What is the future of Dell?
A: Silicon Graphics
A couple of years ago my investment club wouldn’t even entertain the idea of buying any Apple stock when I suggested it. All were Windows users and brushed off Apple. Tonight was our monthly meeting and boy were they eating some crow. One couple has bought a Mac and several have iPods. We have Intel in our portfolio and we just voted to buy more because of the Apple deal. Perceptions of Apple have changed. The stock price and market cap have demanded attention.
For Dell fans who whine that Apple got here with the “aid” of ipod/itunes – as if selling 42 million of anything is a fluke but if you look closely you see Dell tried everything to diversify but failed because they are/were a one-trick pony – they started up a consultant service division, they tried to sell routers, they tried selling plasma TV’s, Mp3 players and even want to pull back on selling to consumers – all failures because they can do only one thing – sell the lowest cost PC to corporations – it’s a good business but that’s all they are capable of. If the computer industry shuts down tomorrow – everyone can name at least 5 Macs … can anyone – even Dell users name the PC they are using? What’s their legacy? EXactly the same as Compaq’s, Zenith or Packard Bell – huh? Who? Exactly.
I’d like to think that both BILLIONAIRES, Steve and Michael, would be mature enough to share a beer and have a good laugh over all of this.
“Wall Street only cares about what’s happening right now, today, this minute. Please, get a clue.”
Nope, Wall Street cares about what will happen in a minute so they can sell / buy shares before that.
Sorry wrong answer but thank you for playing.
When the iPoo fad is over, Apple’s market “value” will go back to the turd-sized original.
Lol. After how many years later, apple is now worth 25X more than Dell
lool at you jobs-ass-suckers,mac toys are only 3% of overall pc market
HA HA HAAAAAA
so ur bigger than dell, which is one of a hundred mighty intel-pc companies, ah that’s right of course you now use the superior intel technology cos your sucky old g4 tech cant keep up so you just copy pcs HA HA HAAAAAA
I guess when the Ipod “Fad” is over? Just like the CD “fad” went away it only took 20 years. BTW loosers I’m buying a new yacht this week with the money frommy Applestock since I went in heavy when Steve came back. I’ll have a Margarita for all you loosers. I guess you can deal with the driver installation on your Dell piece of shit while I am at it.
Well you certainly didn’t earn all that money as an English professor.
A hundred mighty PC corporations?
IBM no longer make PCs so you can’t mean them.
HP – makes more money from inkjet cartridges
Dell – only makes money from selling lowest-common denominator build quality to corporates who recycle every three years. Refers to
Gateway – don’t make me laugh.
Fujitsu-Siemens – only really makes money from being a favoured supplier to several governments here in Europe,
Acer – seemingly profitable, but only just! makes around 5% net after tax (probably the same as iTMS), very little retained income, great market cap until you convert it from NT$ into real money. Bills itself as the 5th largest PC manufacturer – terrific news for Apple if true.
Sony – makes money from PlayStation software, music, and cinema. Lost the ability to make money from hardware some years ago.
Which leaves Lenovo – where it’s too early to say what the deal is.
@RealityCheck – “When the iPod fad is over, Apple’s market “value” will go back to the turd-sized orig”
I don’t suggust you hold your breath or bet your house on this..it’s not going to happen. You can’t have not noticed a few changes other than just the iPod surely? Perhaps you haven’t, but then we never credited you with suffering an excess in the brain capacity department…
The NewYorkTimes is reporting that Steve tooked a fun jab at Michael Dell on Friday by sending out this email:
“”Team, it turned out that Michael Dell wasn’t perfect at predicting the future. Based on today’s stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.””
Email from Apple: Art Directors Invitational Master Class
So… this sent out on Friday the 13th., when Apple’s share price closes at ≈ $86, the same day they pass Dull in Market Cap,
9 years (or 99 months) after Mike Dell said they should “Shut down the company” (October 6, 1997 – 10/6/1997).
ADIM 9.
2006 is the 10 year anniversary of Steve Jobs return to Apple. Announced 12/20/1996.
Today, Monday 1/16/06, is MLK day, 20 year anniversary.
Apple share price is still $86, and will be all day because markets are closed.
Notice the date that the invitational is over… Apple’s 30th Anniversary, April Fool’s Day 2006.
Steve Jobs 51st birthday is 2/14/2006, born in 1955
1955 also happens to be the same year that Albert Einstein died
Note that Vista used to be called “Longhorn”.
Note the branding iron… as in “BRANDing”… as, in “iPod”… as in, here’s how you build a brand.
as in “Burning your Rump”, or “Gonna’ Brand Your Ass”, as in MSFT, ass in ass.
Note that a LOT of history has been made in Monterey, California.
Especially as regards Music and Pop Culture.
Big history.
Click “Learn more about “ADIM 9” and see Apple use words and phrases like:
Manifest destiny,
destine to conquer,
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From Wikipedia:
February 24 is the 55th day of the year in the Gregorian Calendar. There are 310 days remaining, 311 in leap years. By Roman custom February 24 is the day added to a leap year, and the occurrence of February 29 is merely a consequence of this. also on Feb 24:
1803 – The Supreme Court of the United States, in Marbury v. Madison, establishes the principle of judicial review. (in the news recently)
1975 – Hard rock band Led Zeppelin release the classic double album Physical Graffiti.
1988 – The Supreme Court of the United States sides with Larry Flynt’s Hustler magazine by overturning a lower court decision to award Jerry Falwell $200,000 for defamation.
1996 – The last occurrence of February 24 as a leap day in the European Union and for the Roman Catholic Church.
1990 – Malcolm Forbes, American publisher dies. (b. 1917)
1868 – Andrew Johnson becomes the first President of the United States to be impeached by the United States House of Representatives. He is later acquitt
Holidays and observances
Regifugium, in the Roman calendar
Independence Day in Estonia (1918)
Flag Day in México
Catholicism: Mardi Gras (aka Shrove Tuesday) (2004, 2009)
And 1955:
Events
July 17 – Disneyland opens.
July 18 – The first atomic-generated electrical power is sold commercially.
September 22 – Commercial television begins in England.
September 30 – Actor James Dean killed in car accident near Cholame, California.
December 1 – Montgomery, Alabama seamstress, Rosa Parks, refuses to give up her bus seat to a white man and is arrested.
December 31 – General Motors becomes the first American corporation to make over USD $1 billion in a year.
70 mm film is introduced with Oklahoma!.
Deaths
March 12 – Charlie Parker, American jazz saxophonist (b. 1920)
April 18 – Albert Einstein, German-born physicist, Nobel Prize laureate (b. 1879)
The list of births is amazing… 50+ well known famous people incl.: Bill Gates, Whoopi, Yo-Yo Ma, David Lee Roth,
PEOPLE:
Steven Paul Jobs (born February 24, 1955) is the CEO of Apple Computer and a leading figure in the computer industry. As co-founder (with Steve Wozniak) of Apple in 1976, he helped popularize the concept of the home computer with the Apple II. Later, he was one of the first to see the commercial potential of the GUI and mouse developed at Xerox’s Palo Alto Research Center, and saw that these technologies were incorporated into the Apple Macintosh. Jobs is known to be the man behind the recovery of Apple Computer, especially through the success of the Apple iPod. He is also chairman and CEO of Pixar Animation Studios, a leading producer of computer-animated feature films which has made such films as the recent Incredibles and the Toy Story series.
Go here:
http://en.wikipedia.org/wiki/Steve_jobs
A good read, I especially like: In the autumn of 1974, Jobs returned to California and began attending meetings of the “Homebrew Computer Club” with Steve Wozniak. He took a job at Atari, a manufacturer of popular video games, as a technician. During this time, it was discovered that a slightly modified toy whistle included in every box of Cap’n Crunch breakfast cereal was able to reproduce the 2600 Hz supervision tone used by the AT&T long distance telephone system. Jobs and Wozniak went into business briefly in 1974 to build “blue boxes” based on the idea that allowed for free long distance calls.
Albert Einstein (March 14, 1879–April 18, 1955) was a theoretical physicist of Jewish descent, born in Ulm, Germany, who is widely regarded as the greatest scientist of the 20th century. He proposed the theory of relativity and also made major contributions to the development of quantum mechanics, statistical mechanics, and cosmology. He was awarded the 1921 Nobel Prize for Physics for his explanation of the photoelectric effect in 1905 (his “miracle year”) and “for his services to Theoretical Physics.”
After his general theory of relativity was formulated in November 1915, Einstein became world-famous, an unusual achievement for a scientist. In his later years, his fame exceeded that of any other scientist in history. In popular culture, his name has become synonymous with great intelligence and even genius.
Einstein himself was deeply concerned with the social impact of scientific discoveries. His reverence for all creation, his belief in an “ultimate principle” (or “unified field theory”) and the grandeur, beauty, and sublimity of the universe (the primary source of inspiration in science), his awe for the scheme that is manifested in the material universe—all of these show through in his work and philosophy.
President Andrew Johnson (December 29, 1808 – July 31, 1875) was the sixteenth Vice President (1865) and the seventeenth President of the United States (1865–1869), succeeding to the presidency upon the assassination of Abraham Lincoln. Johnson presided over the Reconstruction of the United States following the American Civil War, and his conciliatory policies towards the defeated rebels and his vetoes of civil rights bills embroiled him in a bitter dispute with the Congressional Republicans, leading the House of Representatives to impeach him in 1868; he was the first President to be impeached. He was subsequently acquitted by a single vote in the Senate.
The impeachment of Johnson is widely regarded as one of the most shameful episodes in the history of the Federal Government. Had it been successful it would most likely have permanently damaged the Presidency and established a precedent that a president may be impeached not for “high crimes and misdemeanors” but for mere political differences.
Johnson was the first President to be impeached, and the only one until Bill Clinton on December 19, 1998. Both presidents were acquitted.
Post-Presidency
Johnson was an unsuccessful candidate for election to the United States Senate in 1868 and to the House of Representatives in 1872. He eventually succeeded and was elected as a Democrat to the Senate and served from March 4, 1875, until his death near Elizabethton, Tennessee, on July 31, 1875. He is the only President to serve in the Senate after his presidency.
States admitted to the Union
Nebraska: March 1, 1867
The Johnson Administration negotiated the purchase of Alaska from Russia on 9 April 1867 for $7,200,000.
The Alaska purchase from Russia by the United States occurred in 1867 at the behest of Secretary of State William Seward. The territory purchased was about 600,000 square miles (1,600,000 km²) of the modern U.S. state of Alaska.
Russia was in a difficult financial position and feared losing the Alaskan territory without compensation in some future conflict, either to US expansion in much the same way that Mexico had lost territory in the Mexican-American War, or to the British who had fought against Russia in the Crimean War. Therefore Tsar Alexander II decided to sell the territory to the US and instructed Russian minister to the United States, Baron Eduard de Stoeckl, to enter into negotiations with Seward in the beginning of March 1867.
The negotiations concluded in an all-night negotiating session that resulted in the signing of the treaty at 4 o’clock in the morning of March 30, with the purchase price set at US$7,200,000 (equivalent to about US$90 million in 2005 dollars). For the treaty to come into effect it had to be ratified by the United States Senate, and on April 9, 1867 the Senate approved the purchase by just one vote.
The purchase was at the time derided as Seward’s folly, Seward’s icebox, and President Andrew Johnson’s polar bear garden, because it was believed foolhardy to spend so much money on the remote and distant region. However, Seward’s icebox eventually paid off. In 1896, gold was discovered in the neighbouring Klondike in Canada, setting off the massive Klondike Gold Rush. Gold was being mined in areas of Alaska not far from Dawson, spawning settlements like Chicken and Eagle.
One of the most popular routes to the Klondike involved landing in Alaska where Skagway was established, as well as nearby Dyea, now abandoned and with no standing buildings. Some gold-seekers came up the Yukon River through Alaska, and may have been instrumental in the 1900 discovery of gold in the area of Nome, where another gold rush took place. Alaska has proven to be abundant with natural resources such as petroleum, natural gas, coal, timber, and salmon.
Apple Computer Won Suit over Beatles
On Monday, Beatle’s record company took another twist of a long legal road. This was a British Judge ruled that Apple Computer Inc. has the right to se the apple logo on its iTunes Music Store.
Troy
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