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:On May 21, 2010, 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.
• 9X:In NASDAQ trading today, Apple gained $6.89 to $263.77 to hit a market value of $240.01 billion or more than 9 times that of Dell’s current $26.29 billion.
Apple is also a debt-free company and currently has significantly more cash and short-term investments on-hand ($41.7 billion) than Dell Inc. is worth.
Hello, Mikey? Miiikeeey? What, no wiseass comments today, Mr. Big Shot?
See AAPL and DELL quotes via NASDAQ here.
[Thanks to MacDailyNews Reader “Yellkin” for the heads up.]
Does anyone care about Dell anymore?
Any news about Laura Goldman?????
Doesn’t look happy does he. Is he normally cross eyed?
Don’t worry, DELL will bring in the Dream Team of “Dvorack, Thurrott, Enderle” and come out with a new gadget that will blow away everything that Apple has done. The new DELL DJ Nincompoop Super HD.
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these updates just never get old :o)
Didn’t he star in The Wonder Years?
Just another beady eyed, business punk. No better than the a-holes that crashed our financial system. Gamers.
Jason Mick , the writer at Daily Tech who is anti-Apple, must be related to Michael Dell.
Someone should put Jason on the same list as Mickey.
Dell, the Studebaker of computer manufacturers.
Still newsworthy? no!
This is just a reminder to be careful what you say in public, because it might dog you for the rest of your life. If Michael had any class, he would have apologized long ago.
Love the Laura Goldman quote! Let’s see it again.
What’s a Dell?
I guess the gravy train of making crapware and dumping it on the ignorant masses is over, eh?
Is there a video of the two conferences? the one where Mickey said that bold$hit and the one where Steve Jobs responded?
What’s wrong with that fscker’s head?
Could we see the same with microsoft ?
(Jun 2011) – Apple now worth 2x microsoft
About 12 Billion ahead of MSFT. Passing Microsoft was almost too easy
Do we have Michael Dell’s email address it would be nice to forward this information to him
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Fun with Photoshop.
The new DELL DJ Nincompoop Super HD?
Dell poop in HD. Oh, my. Same shite, different day.
Credit not only goes to SJ but also to MD for his significant contributions to making this happen.
Yeah, keep on repeating this shit like a broken record. As for Apple’s market cap, its a bubble and is meaningless.
“But others, like Dell, appear to think that Jobs’s expanded role isn’t helping. There is some concern that Apple will have a hard time recruiting a top-notch CEO because of Jobs’s presence.”
quote from cnet,
Didn’t Steve get voted CEO of the decade? How’s about them apples!?
@Asif Khan
You clearly demonstrate a staggering degree of idiocy. Fortunately, your kind are a dying breed. Witness the birth of the Golden Age of Computing and weep for your utter ineptitude and lack of vision. By all means, mire yourself with third-rate technology. The rest of us will just laugh at your floundering.
I’m calling you out, sonny. Please try and argue with me: I’ll hand you your fscking hat!
=:~)
@ Asif Khan
As if.
That’s a very uncomfortable look he has on his face. Do you think he’s sharted?
Breaking News flash from the future.
Here on Alpha Centauri, we are 11 months ahead of GMT.
It just came on the wires here.
Steve Ballmer fired.
Bought a Taiwanese Ferrari leprica and joined a Monastery.