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Sat, Nov 21, 2009 - 06:07 PM EST  —  AAPL: 199.92 (-0.59, -0.29%)  |  NASDAQ: 2146.04 (-10.78, -0.5%)

Apple now worth double Dell’s market value
Friday, July 27, 2007 - 11:19 AM EST

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.

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Jul 27, 07 - 10:22 am Comment from: Jeff

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

He does, but Outlook and IE7 keep crashing and his computer is overheating.

Jul 27, 07 - 10:23 am Comment from: peter J

talk about something coming back to bite you in the ass!

and an appropriate mw:remember

Jul 27, 07 - 10:27 am Comment from: Rob

God I love it, now if we could take down M$.

Where is MSOffice killer?

Jul 27, 07 - 10:28 am Comment from: Michael Dell

Yeah, we're only half the company now that you are.

Jul 27, 07 - 10:29 am Comment from: Reclaimer

Buy a Dell, burn in Hell!

Jul 27, 07 - 10:31 am Comment from: Mac-nugget

Don't worry about taking down Microsoft, they will do it all by them selves.

Jul 27, 07 - 10:31 am Comment from: @ Rob

Google is putting the finishing touches on it as we speak.

Jul 27, 07 - 10:33 am Comment from: hotinplaya

This is even better, than MDN's link

http://finance.google.com/finance?q=DELL++AAPL&hl=en

Jul 27, 07 - 10:48 am Comment from: M.X.N.T.4.1

What's worse for Dell is that not only have Apple increased dramatically but they (Dell) have dropped. In addition, what have they got lined up to help them? Cheaper models, cost cuts and sacking people. That's all Dell have. Apple have new iPods, new Macs, iPhone, Apple TV, Leopard plus anything new they may have up their sleeves. Dell are fscked.

Jul 27, 07 - 10:54 am Comment from: TheloniousMac

Thelonious is rocking back and forth gently in a hammock waiting for his Edge connected iphone to finish displaying the the Dell story on MDN. Hmm is it Edge or MDN or both that's so slow. He sips is chilled beer, hears birds cawing in the distance and finally the page displays.

"Hmmm" he thinks. "Not good for any company to gain market value so fast or for any company to lose market value so fast."

As he reads, delighted in turning his iPhone vertical then horizontal then vertical again... a shadowy figure with an MDN T-Shrt slips up, swaps his beer for some other drink.

Thelonious sips the "kool-aid" and suddenly he thinks, "Ah ha ha ha! Dumb ass Michael Dell. What have you got to say now ya bozo! Maybe you should give all the money back to the shareholders and buy Mac for them all as well! Lord I wouldn't want to be you right now! CAUSE I'D HAVE TO USE DELL COMPUTERS! AH ha ha ha ha..."

Jul 27, 07 - 10:54 am Comment from: BingBong

Who's there? Micheal.
Micheal who? Dell.
Who? Micheal Dell.
What? Micheal, Micheal Dell.
Who? Dell, Dell computers.
Go away, I need to poop!

Jul 27, 07 - 10:56 am Comment from: deleted

Sad for Dell employees. Better look for a new job, at least a job that has some hope for a future.

When Dell will end up like Compaq only the remaining Dell employees will truly notice. The brighter ones are already leaving the company.

Jul 27, 07 - 11:16 am Comment from: Braeburn

In the late 90s my Apple sales rep left to rep for Dell. He is still with Dell (I see him at the trade shows), but I wonder how he feels now. Regrets? I hope so! Maybe he can be saved from the dark side. On second thought, who cares.

Jul 27, 07 - 11:18 am Comment from: BoShuda

Why would anybody buy a Dell??? For what? I just don't get it.

Jul 27, 07 - 11:21 am Comment from: Reality Check

Karma's a b*tch!

Jul 27, 07 - 11:23 am Comment from: I HATE DELL

WOW What a payback!
I'm loving life and when I look over at the Palmer project as we call it in austin. I get all misty eye to think this asshole is losing money fast and the justice department haven't even finish with his ass. OH
OH OH LIFE IS GOOD

Jul 27, 07 - 11:30 am Comment from: CODM

Aug 01, 1997 - July 27, 2007

DELL +178.47%
AAPL +3520.88%

Jul 27, 07 - 11:31 am Comment from: Hemorrhoid Rage

Whatever happened to the "Dude, get a Dell" guy? Did they have to sell him to make ends meet? He's probably turning tricks in the parking lot so that Dell can pay the electric bill.

Jul 27, 07 - 11:40 am Comment from: Raymond from DC

Well, that's the bad news (for Dell). The good news? Apple is expanding its facility in Austin, Texas. Here's my suggestion to Dell employees nearby concerned about their jobs: Buy a Mac. Get some experience with *real* personal computing while you update your resume. And hope Apple finds you worthy of consideration.

Jul 27, 07 - 11:52 am Comment from: Twisted Mac Freak

"Whatever happened to the "Dude, get a Dell" guy?"

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

Jul 27, 07 - 12:08 pm Comment from: KingMel

Updated Dell quotes:

"Shut it down and give even more money back to the shareholders."

or

"Please, please shut it down. My company is sinking fast."

Jul 27, 07 - 12:24 pm Comment from: Neil Anderson

Oh, man, Dell's not even worth shutting down now.

Jul 27, 07 - 12:41 pm Comment from: ss

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.

Jul 27, 07 - 12:42 pm Comment from: Viktor

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.

Jul 27, 07 - 01:04 pm Comment from: 1337

MSOffice killer = OpenOffice

Jul 27, 07 - 01:08 pm Comment from: Karma

Michael Dell should shut down his company and give the money back to the shareholders.

Jul 27, 07 - 02:21 pm Comment from: Morpheus

AAPL vs. DELL stock price last 5 years

http://uk.finance.yahoo.com/q/bc?s=DELL&t=5y&l=off&z=m&q=l&c=aapl

Jul 27, 07 - 02:23 pm Comment from: Masa

"And then one day you find ten years have got behind you"
Pink Floyd - Time

Jul 27, 07 - 02:53 pm Comment from: gmac

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...

Jul 27, 07 - 03:03 pm Comment from: A

Aug 02, 2002 to July 27, 2007

DELL +23.01%

AAPL +1934.17%

Jul 27, 07 - 03:04 pm Comment from: ken1w

Michael Dell better shut down NOW and give money back to shareholders before there's no money left to give back. Dell is a company without a plan and without a future.

Jul 27, 07 - 03:19 pm Comment from: turbowv

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

He does, but at the moment he's offline, writing linux drivers.

Jul 27, 07 - 03:52 pm Comment from: Crabapple

Karma's a bitch, it works both ways so don't tempt Applelytes!

And before you come back to me, what I mean is that even though it may not come back to Apple because after all Mr. Jobs is not making capital on that issue, it could come to you in your personal life.

Treat Karma with care.

Jul 27, 07 - 04:33 pm Comment from: X

http://arstechnica.com/news.ars/post/20050118-4535.html

Jul 27, 07 - 04:44 pm Comment from: ReneLA

Mr. X

Can you read? It's only a matter of time. Have you seen their fruity colored laptops? lol

MD Word "Old"

Jul 27, 07 - 05:12 pm Comment from: Quevar

Although I generally agree that it is humorous that Dell is where they are now, I do have to commend them for one thing that they have been doing recently - shipping Linux on some of their computers. They are actually in the process of breaking the shackles that Microsoft has on them. This will be a good thing for the entire market since computer buyers will have a choice. This will force document interoperability between all OSes and Microsoft will lose all control of the market that they have previously had. I'm all for Apple, but I also want to have multiple OSes available from non-MS places.

Jul 27, 07 - 05:40 pm Comment from: MCCFR

For the time being, the financial competition with Dell is done - stick a fork in them, they're done. Let's focus on higher things and the real competition, as opposed to the financial status of a nondescript manufacturer of 'grey' little boxes that have been built to the standards of the lowest common denominator.

The first thing to do is to pull away and make the superior valuation over both HP & Verizon stick for good. May take another quarter, but - by the middle of October - the change should be dialled in pending whatever changes the gods have in store.

The next mainstream target is Intel itself: if Apple were operating in a vacuum and INTC stayed in a narrow range, the target is around $160.00 - just over $16.00 away. A disappointing back-to-school season for the Windell marketplace (predicated on the lacklustre appeal of Vista), whilst iPods and iPhones (which aren't 'Powered By Intel') continue to power ahead will make Intel a memory in the rear-view mirror.

Jul 27, 07 - 09:56 pm Comment from: Nickbob

If only Jack Miller was still around to give his take on this. I miss AtAT. But the family is a good reason to leave off.

Jul 27, 07 - 10:34 pm Comment from: one guy from Finland

Dell? Whar was that? Amiga?

Jul 27, 07 - 11:40 pm Comment from: TowerTone

What does a Delldo that a Gateway cun't?

Jul 28, 07 - 01:31 am Comment from: barney rubble

.uck itself in the ass?

Jul 28, 07 - 02:24 am Comment from: Charel

Many corporations have had their ups. IBM, Dell, Gen. Motors, ITT, Ford, the list is endless. Remember that pride comes before the fall.

Jul 28, 07 - 03:19 am Comment from: Malcom OS X

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?)

Jul 28, 07 - 04:03 am Comment from: Jeff

Funny but let's just see what happens in a few years after the hype dies down to see if Apple has what it takes to hold on to it's current height.

Jul 28, 07 - 04:33 am Comment from: tomski

Last time I checked apples market cap it was indeed worth doube the one of dell!
Learn the lesson of the stock exchange and peoples expectations.

Jul 28, 07 - 04:34 am Comment from: yueqiang

ha ha
"I have nothing more to say"

Jul 28, 07 - 04:38 am Comment from: Xofis

Last I checked, Dell is still doing 3x Apple's revenues. That's what counts.

Jul 28, 07 - 05:16 am Comment from: chlon

i'm affraid apple takes all it's hype from steve jobs and the day he will die, apple will be in freefall.

just look how fast it went down for a rumor last time!

Jul 28, 07 - 05:42 am Comment from: John C. Randolph

Xofia,

It's the profit that matters, not the revenues. That's why the Xbox is a failure.

-jcr

Jul 28, 07 - 06:46 am Comment from: John Wells

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!

Jul 28, 07 - 07:02 am Comment from: NSFY

chlon said:
"i'm affraid apple takes all it's hype from steve jobs and the day he will die, apple will be in freefall."

I'll bet you're a riot at parties.

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