MacDailyNews - Where Mac news comes first

 MacDailyNews Poll

Deal of the Day

5 Day Most Commented

Opinion Archive

Current Headlines

Latest Joy of Tech

  • Latest Joy of Tech!

MacNN

AppleInsider

Macworld UK

TUAW

MacRumors

Yahoo! Finance AAPL

iTunes Top 10 Albums

Mac OS X Downloads

Sat, Nov 21, 2009 - 07:27 AM EST  —  AAPL: 199.92 (-0.59, -0.29%)  |  NASDAQ: 2146.04 (-10.78, -0.5%)

Apple primed to pass Dell in market value
Thursday, January 12, 2006 - 10:28 AM EST

As of January 12, 2006 10:01 ET, Apple Computer's market value (price per share multiplied by the number of shares outstanding) stands at $72,039,808,640. Dell's market value currently stands at $73,150,994,043.

[UPDATE: As of 10:58am ET, Market values: Apple: $72,301,066,720, Dell: $72,912,111,560.]

Rest assured, we are watching the situation closely. We have an article prepped (including relevant comments made in the past by Michael Dell and Steve Jobs) if and when Apple passes Dell in market value. (Note: Hewlett-Packard, maker of PCs, printers, digital cameras, etc. currently has a market value around $87.7 bln.)

You can watch the Apple vs. Dell market value race here.

Related article of particular interest:
Hedge fund manager Cody Willard: 'Apple could become more valuable than Microsoft sometime in 2007' - December 15, 2005

Advertisements:
MacBook Pro. The first Mac notebook built upon Intel Core Duo with iLife ’06, Front Row and built-in iSight. Starting at $1999. Free shipping.
iMac. Twice as amazing — Intel Core Duo, iLife ’06, Front Row media experience, Apple Remote, built-in iSight. Starting at $1299. Free shipping.
iPod Radio Remote. Listen to FM radio on your iPod and control everything with a convenient wired remote. Just $49.
iPod. 15,000 songs. 25,000 photos. 150 hours of video. The new iPod. 30GB and 60GB models start at just $299. Free shipping.
Connect iPod to your television set with the iPod AV Cable. Just $19.

Related articles:
Bear Stearns ups Apple rating, sets year-end price target of $105 - January 12, 2006
Apple Computer shares hit new all-time high - January 11, 2006
American Technology Research boosts Apple target price to $101 - January 11, 2006
First Albany increases Apple Computer price target to $92 - January 11, 2006
Soleil analysts hike Apple price target to $95 - January 11, 2006
Banc of America raises Apple price target to $87 - January 11, 2006
CSFB ups Apple target price to $90 - January 11, 2006
UBS hikes Apple Computer share price target to $100 - January 11, 2006
Cramer's Mad Money: Apple going to $100, two thumbs up, way up! - January 10, 2006

Bookmark and Share

Always -- Free ground shipping with orders over $50 at the Apple Store.

Reader Feedback: = registered.
Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.

Jan 12, 06 - 10:46 am Comment from: R

Apple is dooooomed!

Jan 12, 06 - 10:49 am Comment from: GrapeGraphics (another displaced Patriot)

Dell is so happy that intelApple's don't use bios...

Jan 12, 06 - 10:50 am Comment from: Steev

Quick!

Somebody make a Widget that can track this.

S

Jan 12, 06 - 10:52 am Comment from: Bandar

haaaaaaa

MDN Magic Word : Knew

i knew it is about to happen ...

Jan 12, 06 - 11:03 am Comment from: shapoffm

so that would be $86.7982 a share with 842.77m shares outstanding

Jan 12, 06 - 11:06 am Comment from: Mike Buonarroti

Hopefully, this will put a final end to the media's description of Apple as the "beleaguered" computer company. Now it's Dell's turn.

In a few years, Microsoft will be the "beleaguered" software maker when people realize that it is NOT the CPU, but it is all about the OS.

Jan 12, 06 - 11:07 am Comment from: R not

R: Apple is dooooomed? Really? How do you figure?

Jan 12, 06 - 11:11 am Comment from: Ampar

Apple should pay a dividend followed by a press release commemorating Michael Dell's infamous statement from eight years ago about what he would do with Apple if he were in charge. A piece of the company to each shareholder. It would be beautiful iRony.

Jan 12, 06 - 11:11 am Comment from: Jimbo von Winskinheimer

I think R is being humorous.

Jan 12, 06 - 11:13 am Comment from: iRonic

No, R was being iRonic

Jan 12, 06 - 11:14 am Comment from: TMAN

I think Michael Dell should sell the company and give the money back to the shareholders!

raspberry

Jan 12, 06 - 11:15 am Comment from: Ampar

R not: It's actually code for Decentralized Object-Oriented Machine.

That's a refreshing upgrade from Death to Overly Obvious Mediocrity.

Jan 12, 06 - 11:17 am Comment from: iRonic

TMAN - right on.
iRony Rules!

Jan 12, 06 - 11:20 am Comment from: R

Rice-ironee the SF treat! raspberry

Jan 12, 06 - 11:24 am Comment from: babanovac

Who's next ? HP ?!

Jan 12, 06 - 11:43 am Comment from: Pete

I would be alot more interested in watching the valuation relative to Dell if apples success was driven by computer sales.

Jan 12, 06 - 11:43 am Comment from: Spark

"Dell is so happy that intelApple's don't use bios..."

No kidding! This was the most disappointing news to come out of MacWorld. I don't know how it works, but I hope someone come up with a work around to enable dual booting. I was about to order a new MacBook until I heard about this. I am no Windows fan, but as many have noted here in the past, there are certain apps that have no Mac equivalent and Windows must be tolerated to use them.

Phil Schiller said that Apple would do nothing to preclude Mac owners from installing Windows on the new machines, but it seems that they have done just that.

Jan 12, 06 - 11:44 am Comment from: Dave H

Gap is now under $500m.

BTW, Market Cap of HP is $ 88,080,780,160. If Carly hadn't been booted out, Apple would have passed them already.

Jan 12, 06 - 11:49 am Comment from: hammer

"Hopefully, this will put a final end to the media's description of Apple as the "beleaguered" computer company."

That has been long since transferred to Gateway. Apple hasnt been called beleaguered in at least 3 years.

Jan 12, 06 - 11:54 am Comment from: Macaday

Want to see good graphic: click graphs, make it 6 months and compare the two.

Result is as you would expect..but still good to see.

2006 will be an AMAZING year for Apple - and the growing Mac 'n iPod army (better make that 'multitude' as Jobs is said to be anti-war.. although he fights better than any soldier I saw, and he motivates his troops better than any general I saw..)

I predict a riot... but I'm a bit giddy from all the coverage!

Jan 12, 06 - 12:01 pm Comment from: MCCFR

Pete >

Why does it matter?

I'd be more impressed with Dell if their success was based on convincing real users as opposed to corporate purchasing types or CIOs.

And as for HP, how much of their value is based on inkjet cartridges.

Apple is a relatively balanced business - around 40-45% comes from iPods, 40-45% comes from computers, and the rest comes from software, music, displays, etc. But the great thing is that they run their whole show, as opposed to Dell who are at the mercy of Microsoft (desperately writing for Vista) and their corporate clients who could go to Lenovo or HP at the drop of a hat.

Jan 12, 06 - 12:12 pm Comment from: MacDoctor

Apple already makes far superior computers and it follows that Apple surpasses Dell in market value as well.

Jan 12, 06 - 12:18 pm Comment from: Ampar

MCCFR: "And as for HP, how much of their value is based on inkjet cartridges."

Oh, man. You've done it now. That's supposed to be classified information. You should expect an HP agent with dark suit and dark glasses at your door at any moment. Do you have a safe house? RUN!

Jan 12, 06 - 12:18 pm Comment from: MCCFR

Without wishing to be controversial, does anyone else find Apple's P/E slightly surreal?

Jan 12, 06 - 12:20 pm Comment from: Guessing

UN-F$CKING-BELIEVABLE

MW: race

Jan 12, 06 - 12:21 pm Comment from: MCCFR

I live in the UK, so if he's walking around in dark glasses at the moment he's going to be relatively badly bruised by the time he gets to my flat.

Jan 12, 06 - 12:21 pm Comment from: Ampar

Doesn't Lenovo translated from Mandarin to English mean "crap in a teacup?"

cheese

Jan 12, 06 - 12:23 pm Comment from: giofoto

Michael Dell could not think outside the box. He said what he said in regards to Apple. Ready to throw in the towel...such a quitter. Guess he did not like much of the challenge or worse...didn't know how to be creative to turn things around. Thats just it, he is not a creative.

Jan 12, 06 - 12:38 pm Comment from: Macaday

Anyone second me in proposing Ampar's post goes into the MDN 'Hall of Fame' of all time hilarious posts?

MCCFR: "And as for HP, how much of their value is based on inkjet cartridges."

Oh, man. You've done it now. That's supposed to be classified information. You should expect an HP agent with dark suit and dark glasses at your door at any moment. Do you have a safe house? RUN!

Just brilliant!

Jan 12, 06 - 12:45 pm Comment from: mike

i was gonna say.. lenovo doesn't sound remotely chinese

they used to be called legend

then they changed it to a NEW name.. (novo is spanish for new)

le(gend)novo

there you go...

Jan 12, 06 - 01:17 pm Comment from: Ampar

<takes a bow> Thanks! You gotta have some fun!

grin

Imnsho, one of my personal favorites:
"Microsoft Experience" Store - Here's the scoop!

Upon entering, you will be required to sign a statement swearing that you won't sue MS, the store, or any employee ever or you can't go in. Then, they'll cough in your face constantly to guarantee you'll get sick. A store clerk then will follow you throughout your visit and toss junk mail into your shopping basket. Every few seconds a mentally challenged teenager dressed as a wizard will get in your face and spit out inane advice in very slow steps on things you don't want or need. It will be awkward and embarassing. Halfway through your visit, a clerk will demand your credit card and charge you a fee if you want to continue your shopping. None of the store demos work but demonstrators will drone on about how a product is better than anything ever invented. Hidden cameras are everywhere but the feeds go to secret remote locations. Random products on shelves are booby trapped to explode. The store exit is marked enter and no one knows why.

Jan 12, 06 - 01:20 pm Comment from: Ampar

I also share this one with friends in e-mail below my sig:
"Listening to Bill Gates makes me feel sorry for Kermit the Frog."

Jan 12, 06 - 01:21 pm Comment from: babanovac

Time goes on. I don't think Apple MV > Dell MV today. But tomorrow is another day...

Meanwhile, what about giving me a feed back to the following:

(mail to ) I agree more than 100% with your 01/11/06 commentary on http://www.tgdaily.com/2006/01/11/the_intel_based_macintosh_challenge/

It means 100% with what you say, and the rest with what you missed to say, like the MDN ideea that each and every iPod (and, should I say, every Mac) should carry a 5-10' ad showing the Mac, OSX and iPod virtues over the PCs, Windows and (respectively) iPod rivals. Should be a simple, descriptive-like, efficient, "popular" ad, not the intellectual-refined Apple ad style, which, as you say, let the Mac user constantly feel just superior and the Windows user constantly just in the dark. Plenty of people I know (Windows users of course) simply NEVER HEARD about Apple or Mac (sorry for the 165 million advertising budget). Two months ago I stepped into a jewels store to engrave the new iPod nano I've bought for my wife's anniversary. The lady-vendor there had never seen such a device. And, obviously, she looked like the regular urban person, not coming straight from the bushes. So, returning to the MDN idea, those ads could replace the boring multilanguage screen that goes with the OS X set-up assistant, or work as a screen saver in the way the RSS visualiser works (why not by default ?!), etc.

One final and most important thing. Everybody suggests, wishes, hopes, believes, that Apple will finally come to reason and understand that dropping self-sufficiency and setting free a wide popular advertising campaign is a major way to positively promote their products. But we also know that it's just wishful thinking, because Apple and His Steveness are much too highly-stubborn on their principles to easily admit even the most obvious evidence. On the other hand, Apple owns something that no other computer and/or software maker has: a multi-million faithful users patrimony. So, for Apple's sake wink what about one of these starting a PETITION to Apple, urging them to launch that kind of marketing and making it sign by all those millions ?

Jan 12, 06 - 01:39 pm Comment from: Ampar

Amen, babanovac. Sign me up.

Jan 12, 06 - 02:29 pm Comment from: Ampar

Here's a link to some of Apple's TV ads:
http://www.redlightrunner.com/appleads.html


Judge for yourself.

Jan 12, 06 - 04:33 pm Comment from: babanovac

Hey, Ampar, got'em all grin. And much more. If u wish, I give u the links. Thanks anyway. Point is I don't really see myself building such a PETITION. Maybe someone could launch it over the net, in open mode, so that anyone be able to contribue (wikipedia like).

Jan 12, 06 - 07:50 pm Comment from: KenC

At 12:15p ET today, Apple was just 20cents away from surpassing Dell's market cap.

Jan 12, 06 - 08:14 pm Comment from: LordRobin

About the Intel Mac's use of EFI rather than BIOS:

First, bravo! My understanding is that BIOS is dinosaur-old technology, and that the Mac's use of Open Firmware was one of the advantages they had over Intel PCs. Many techies bemoaned as a giant step backwards the fact that the developer units used BIOS. EFI is a good substitute for Open Firmware and offers most of the same advantages.

Secondly, I wonder if this will kink up the plans of the smug hackers who are working on making OS X run on any p.o.s PC over Apple's objections. I have a feeling this hack won't be as trivial as the others, presuming (as I do) that Intel OS X 10.4.4 requires EFI. My guess is the hack will take a long time, and the final solution will be so convoluted, no one will use it in any serious fashion.

Jan 13, 06 - 01:08 am Comment from: fandango

Wow, that's amazing.

All the more so because of the fact that Apple only has 1/3 the number of 'shares outstanding' than Dell.

Whooee...

Jan 13, 06 - 04:02 pm Comment from: SJR

If my calculations are correct...as of the close of the market today (January 13, 2006) AAPL has now passed DELL in market value. We'll know the official numbers at 4:15pm ET.

Jan 13, 06 - 04:16 pm Comment from: Lurker_PC

They did it!!!

Peace.

Jan 13, 06 - 04:18 pm Comment from: Emil

certainly looks like it!

now what's the next target? MSFT is probably a bit too soon..give it a month or two wink

Jan 13, 06 - 04:19 pm Comment from: Ça y est!

Apple has just passed Dell's market cap!

It is 4:16, markets ares closed and Apple is at 72,13B while Dell is at 71,97B.

Go Apple!

Jan 13, 06 - 04:20 pm Comment from: RC

HP is the next target. Their current cap is $90 billion.

Jul 07, 07 - 03:05 pm Comment from: lebgov555

We offer the sales of all major brands of Mobile phones, Lcd Monitor, Notebooks and Laptops, Mp3 and Video Games consoles, at a good competitive bestprice We sell only brand new original mobile phones with 12 months manufacturer warranty.

To place your order send us an email or visit our website for more information {http://www.ems-express.com}


Thanks for veiwing.

AL-Hassan
Email:alhassan_telecoms@uymail.com
+447045726527

Reader feedback page 1 of 1 pages:

Always -- Free ground shipping with orders over $50 at the Apple Store.

Add Your Feedback:

Register or Login

Name:

Email: (optional)

Emoticons | Allowed HTML Tags

Remember my info   Notify me of follow-up comments?

Please enter the "MDN Magic Word" you see in the image below: