Steve Jobs emails Apple team: Michael Dell not the best prognosticator, Apple worth more than Dell

“It may not be the last laugh, but on Friday afternoon, after the close of the stock market, Steven P. Jobs, the chief executive of Apple Computer, shared an e-mail chuckle with his employees at the expense of Dell, a big rival,” John Markoff reports in an article headlined “Michael Dell Should Eat His Words, Apple Chief Suggests” for The New York Times. “The message was prompted by the 12 percent surge in Apple’s stock price last week, which pushed the company’s market capitalization to $72.13 billion, passing Dell’s value of $71.97 billion.”

Markoff reports, “In 1997, shortly after Mr. Jobs returned to Apple, the company he helped start in 1976, Dell’s founder and chairman, Michael S. Dell, was asked at a technology conference what might be done to fix Apple, then deeply troubled financially. ‘What would I do?’ Mr. Dell said to an audience of several thousand information technology managers. ‘I’d shut it down and give the money back to the shareholders.'”

Markoff reports, “On Friday, apparently savoring the moment, Mr. Jobs sent a brief e-mail message to Apple employees, which read: ‘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.'”

Full article here.
Markoff reports, “Dell executives did not return calls over the weekend asking for comment on Apple’s rising fortunes.” Apparently Michael Dell’s foot is still lodged in his mouth. He’d better get to work clearing the way for his hat and some crow. After he’s finished dining, his advisors ought to strongly recommend he keep advice for Apple to himself from now on.

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28 Comments

  1. Yes, Dell’s foot is in his mouth and his head is in his backside.
    I hope that he eats himself from the inside out.
    But really though this is good news for us Mac users.
    Just think how good we would feel if Apple advertised as much as Dell. Talk about market share….

  2. With Intels manufacturing muscle I suspect that new Mac release delays will become shorter and less challenged than ever before as the year progresses. I look for Apple to start advertising a bit more as they adopt to the new full supply chain and the opportunites it offers.

  3. what a way to motivate your workers! let’s keep up all the GREAT work apple employees and steve continue to give the insight they need to produce great work.

  4. Mikey is a master repackager that crushes competitors by selling cheap. The long term problem with that strategy is that it doesn’t allow for improvements in the product.

    This is expecially important when you are repackaging industry standard parts with a Windows controller. Someone may take those industry standard parts and control them with something better, say OSX.

    When that happens, your cheap price actually reflects the value in your product, and the maker of something better (just like cream) rises to the top.

  5. The new world economy has no patience for those who sell just commodities. Dell is about to be eaten by the very way it made its living–that now belongs to China. It is the age of value added businesses to make a difference and thrive and that is familiar ground to Apple. Those leaders that lack a vision are suddenly so quiet–that’s the sound of their fear.

  6. Tangential, but related– anyone notice the barrage of iMac tv advertisements yesterday on number of networks. Apple is finally advertising and staged to grow even more.

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