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Apple worth more than Dell now

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."

Today, after a little more than eight years of hard work, Apple Computer, Inc. passed Dell, Inc. in market value. That's right, at market close Apple Computer ($72,132,428,843) is now worth more than Dell ($71,970,702,760).

(from MacDailyNews)
(from pokerstar in macintosh)

Comments

( 2 comments — Leave a comment )
suppafly
Jan. 18th, 2006 04:48 am (UTC)
honestly, in 1997, Michael Dell was right..
idigital
Jan. 18th, 2006 11:22 am (UTC)
Much as I hate to admit it, I agree. Apple was insanely close to shafting all its shareholders and going under back in '97. It's a total fluke that they're still here, let alone growing so fast now.
( 2 comments — Leave a comment )