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. I worked for Dell for all of two weeks before they debuted the crap fiesta that they have unleashed in all the colors of the rainbow.

    Behold! Vista comes in 8 shades of suck!

    (Then they opened and Apple store and I quit. Guess where I work now?)

  2. Seriously though guys…Apple has succeeded on image alone. While OS X is ok, their hardware is CRAP. I’ve only bought one so far, but I paid double what I would’ve paid for a dell (i’m an idiot) and I’ve had many, many problems from it. Looking at the various forums, I’m far from alone.

    Apple has done a great job with iTunes and the online stone, but their PC solution is just awful. Give me a Dell with Ubuntu anyday over an apple!

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