Apple now worth quadruple 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 Interim CEO (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, $72.13 billion vs. $71.97 billion at market close, respectively.

On July 27, 2007, Apple’s value doubled that of Dell’s, $127.81 billion vs. $63.65 billion, respectively.

On December 6, 2007, Apple’s market value passed 3 times that of Dell’s, $165.66 billion vs. $54.42 billion, respectively.

Today in NASDAQ trading, Apple rose $6.05, or 3.48%, to close at $180.00 and the company’s market value passed 4 times that of Dell’s, $158.66 billion vs. $38.97 billion.

Got any snappy retorts now, Mr. Dell? What’s that, cat got your tongue?

AAPL and DELL quotes via NASDAQ are here.

70 Comments

  1. Stupid asshat Michael Dell has this coming to him. With any luck, that insulting will get out of the business to ‘concentrate on his family’ …. or whatever.

    Carry your ass, Dell.

  2. While I love that Apple’s value is 4x that of Dell, Apples net value has remained at a plateau for the last year or so (~$160 Billion) while Dell has shrunk from ~$70 Billion to $39 Billion! Dell is rapidly loosing what little inherent value it has as a company. Dell does NOT have an innovation stream and is no simply competing against other simple commodity PC manufacturers where it is simply “how cheap can I make this”.

  3. What has happened to Dell as well as the person who started Gateway is both the fault of PC mfgs as well as Microsoft. First as someone who used to work on a Dell at work I can say that their products for the most part at garbage. In order to keep lowering prices they have gone to really cheap components.

    Now is I remember wasn’t Vista supposed to drive hordes of consumers into retailers to upgrade their PC’s? Only one problem with that someone forgot to tell them ! Windows stopped being cool a long time ago and the failure of Vista is surely one of the reasons for the fall of Dell & Gateway.

    Bill needs to bet back to the MS campus and lease an office somewhere away from Richmond where a bunch of developers can go off site and reinvent Windows so that’s it cool again. Meanwhile OSX continues to gain share and Apple stock is up again courtesy of MS.

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