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. Man, you Apple peeps are hateful flamers. Grow-up. Also, take into account that Dell is ONE of many PC companies, so Apple’s worth has surpassed Dell, and not by much, there is still Gateway, HP, etc… Oh, and I think the Dell employee’s will maintain their jobs.
    Also, you do realize Apple is another MS up and coming, you think they are going to care about you IF they ever get anywhere the market share MS has… NO, they are just another corporation. Plus, once it becomes more feasible, hackers will start breaking Mac’s left and right, and if they want to appeal to REAL users, they will support third-party hardware so you can build your own Apple, with scalability comes more opportunities for bugs and crashs.

    Y’all need to understand things and quit being such sheep, none of the big computer corps want to make us happy, they want the market share. As long as we have the option to build our own machines and customize it on our own, as long as we can keep our freedom intact, we can avoid having a computer industry like the Government.

  2. Build your own machines? You aren’t building squat, you are only plugging parts together. And the best OS you can run is Ubuntu. What a joke.

    I do like the way the PC Zealots (the true believers!) have started using ‘Mactard’. One thing never changes, PeeCee folks copy Mac folks. Wintard has a much better (and original) ring to it.

  3. Sheep are the mactards that live inside their fishbowl and dont look at anything outside it.

    “PeeCee folks copy Mac folks” – Like looking glass from Sun or other unix interfaces? Oh and how about that new TIME MACHINE lol. Hell OSX isnt even really by Apple , its ADAPTED by Apple because its basically BSD. Remember that the OLD MacCrap product was trashed in 2000.

    And its kinda funny knowing that Apple had to ride on top of BSD just to survive and now you try to bash Linux?
    I was just making the point that Ubuntu is growing at a faster rate and you mactards go off!
    Sorry that facts bother you guys! lol

    And for some more bothersomew news:
    Market cap is just the number of shares times their price, but if the company were to be sold, that’s far less than they would fetch. The idea is to capture the price of a company’s future cash flows; so start looking at the balance sheets and income statements and forget about the cap! Now, I am not sure, but by glancing at their balance sheets, it looks like Dell is about 30% larger and would fetch the higher price. As long as we are comparing numbers: Apple’s net income is what you want to look at; that is their profit after taxes and other expenses. Did anyone here look that up? If we look at the year ending 2006, Apple had a NI of 1.989 bil while Dell’s was 2.614 bil; not even close. Go ahead and compare ytd as well; just watch out because the companies don’t report at the same time.

    But then ACTUAL facts and comparisons are too much for most mactards. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

  4. I love this gem:

    http://aarone.org/2007/05/29/michael-dell-in-2001/

    Next: Wow lots of windows and/or linux fan girls just crawled out from under some rocks around here… Did it rain or something? Oh no its them crying over Vista or better yet the oft heard remark that “Linux is going to take over the world”.

    I’d love to see that. I run Yellow Dog linux. I like the idea and the dream of linux; doesn’t blind me to the fact that linux (any distro) is still not ready for the desktop to any large degree. There is no way coroporate America is going to ditch MS for linux on the desktop soon. People oft cry about teh lack of “professional” software for business on teh Mac (whatever teh hell that means…Ahhh how much is ported to linux?

    Servers? Most definitely, desktop still don’t see it happening, at least anytime soon.

    Bottom line is this, linux users and Apple users have the same goal, to be free of the shackles of Microsoft. So maybe we should look at it this way” The enemy of my enemy is my friend”…

    Lastly (from Jabber_wolf)
    “But then ACTUAL facts and comparisons are too much for most mactards.”

    You mean like PC apologists burrying their head in the sand and refusing to see Dell’s freefall? No can’t be bothered by facts can ya…

    et al: Windows fanboys… got to love them they make life entertaining.

  5. Karma must hurt for Mr.Dell and all of his employees, I cant wait to see Dell get shut down, I mean come on, why the hell are they selling cheap laptops, or should i say desktops with a laptop name! Hey Mr. Dell why dont you just give all the money back to your shareholders, and let apple dominate the computer world!!
    P.S. I wrote this on a windows machine, if only apple’s were a little less, or if i only had more!

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