Apple now worth eight times Dell’s market value

49 Comments

On October 6, 1997, in response to the question of what he’d do if he was in charge of Apple, Dell founder and 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 Interim CEO (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.”

On January 13, 2006, after a little more than eight years of hard work, Apple Inc. passed Dell, Inc. in market value, $72.13 billion vs. $71.97 billion at market close, respectively.

• 2X: On July 27, 2007, Apple’s value doubled that of Dell’s, $127.81 billion vs. $63.65 billion, respectively.

• 3X:On December 6, 2007, Apple’s market value passed 3 times that of Dell’s, $165.66 billion vs. $54.42 billion, respectively.

• 4X:On May 01, 2008, Apple’s market value quadrupled that of Dell’s, $158.66 billion vs. $38.97 billion, respectively.

• 5X:On February 12, 2009, Apple rose $2.60 to hit a market value of $88.37 billion or 5 times that of Dell’s $17.52 billion.

• 6X:On October 20, 2009, Apple rose $11.21 to $201.07 to hit a market value of $180.12 billion or more than 6 times that of Dell’s $29.97 billion.

• 7X:On January 26, 2010, Apple gained $7.57 to $210.64 to hit a market value of $189.72 billion or more than 7 times that of Dell’s current $27.03 billion.

• 8X:In NASDAQ trading today, Apple gained $1.95 to $239.74 to hit a market value of $218.12 billion or more than 8 times that of Dell’s current $25.84 billion.

Apple is also a debt-free company and currently has significantly more cash and short-term investments on-hand ($41.7 billion) than Dell Inc. is worth.

Got any snappy retorts now, Mr. Dell?

See AAPL and DELL quotes via NASDAQ here.

[Thanks to MacDailyNews Reader “SamLowry” for the heads up.]

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49 Comments

  2. I think the biggest chasm of value is the difference in quality and continual innovation that Apple so easily extends light years ahead of __________ (you can fill in the blank with just about any company here).

    Dell just happens to be the flavour of the thread.

    That look on Michael Dell’s face is the precursor to a now congenital foot in mouth disease. I winder how tasty sole leather is.

    Consider this one little comparison: Apple has retail stores – Dell has mid-mall kiosks. (At least here in Oz)…

    Cheers from the Land Downunder…

    Reply

  11. Someone should chart that. The difference is going exponentially now. Flip it over and it will look even funnier! Maybe with the line diving into Mr. Dell’s head. Maybe a little comic bubble with, “What would you do now!” Then fading it into, “Line them up, you next Mr. Ballmer!”

    Reply

  15. Lotus Eleven – “Apple needs to focus on the google roid rage now.”

    I’m sure Steve in private conversations… “Steve Jobs responded, speaking in front of an image of Google’s bulls-eye covered name, “We’re coming after you, you’re in our sights.”

    Not to worry…

    Reply

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