“‘What would I do? I’d shut it down and give the money back to the shareholders.’ – Michael Dell, founder and CEO of Dell offering his opinion on what could be done to fix Apple at the Gartner Symposium in 1997,” Dilger writes. “Dell was virtually prescient. Over the next 14 years, Steve Jobs did indeed ‘shut it down,’ wiping out one segment of the consumer electronics industry after another and generating such a pile of cash that his successor Tim Cook was essentially forced to literally “give the money back to the shareholders.’”
Much more, including David Goldstein on Apple “turning out the lights” in retail, the bloated gasbag John Dvorak, and more in the full article here.