Apple now worth double Dell’s market value

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.”

On January 13, 2006, after a little more than eight years of hard work, Apple Inc. passed Dell, Inc. in market value, $72,132,428,843 vs. $71,970,702,760 at market close respectively.

Today, in intraday NASDAQ trading, Apple’s market value passed 2 times that of Dell’s, $127.81 billion vs. $63.65 billion.

Got any snappy retorts for that one, Mr. Dell?

AAPL and DELL quotes via NASDAQ are here.

76 Comments

  1. Twisted Mac Freak…
    That is hilarious!

    “Whatever happened to the “Dude, get a Dell” guy?”

    Ballmer ate him. It was like eating a Twinkie stuffed with ganja.

  2. Do not worry about microsoft, we have two people in there to boycot microsoft… they code names are “Steve Balmer” and “Bill Gates”, they are in charge of bringing down microsoft. and they are doing a wonderfull job taking down microsoft.

  3. in all honesty Dell ainʻt going anywhere for awhile. but based on their US sales… and now theyʻre selling at Walmart not to mention trying to sell “Premium” Laptops… Letʻs not just post here… letʻs short their stock… or buy stock option puts… we should make money out of Dell losing money…

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