Skip to Content

Submit your nominations for the Luxist Awards' Best in Decor
AOL Tech

Filed under: Apple Corporate, Blast From the Past

Flashback: 10 years ago, Michael Dell's throwdown



Remember Michael Dell's legendary snub of Apple's prospects? Back in 1997, Dell was publicly asked what he'd do with the recently re-Steve'd Apple if given the opportunity. "I'd shut it down and give the money back to the shareholders," said Dell, earning the people's denigration and infamy forever. Of course, how could he possibly know?

Fast forward 10 years, and Dell's $62B market capitalization is dwarfed by Apple's $144B valuation. AAPL is trading at all-time highs, possibly portending a split, and the July prediction of AAPL passing IBM's $160B cap (!) is starting to look more rational every day -- but first it'll likely pass Intel's $149B. That's a lot of value that, shamefully, Apple has created for shareholders instead of taking Michael Dell's sage advice and throwing in the towel back in '97. Don't feel bad for MD, though; as Apple 2.0 notes, he's personally worth about 15 billion dollars. Seems like there's money to be made at both ends of the computer quality spectrum.

via Apple 2.0
jobs & resumes
iPhone developer

Groupon - Chicago, IL (2 weeks ago)

See More Relevant Jobs ›

Reader Comments (Page 1 of 1)

Tip of the Day

To get an instant map to any address, just go to your Address Book and right click on the address field of any one of your contacts and select "Map Of." The address will then be revealed in Google Maps on Safari. You can do the same if a data detector determines there is an address in an e-mail in Mail.


Follow us on Twitter!
 TUAW [Cafepress]

Featured Galleries

DNC Macs
Macworld 2008 Keynote
Macworld 2008 Build-up
Google Earth for iPhone
Podcaster
Storyist 2.0
AT&T Navigator Road Test
Bento for iPhone 1.0
Scrabble for iPhone
Tom Bihn Checkpoint Flyer Briefcase
Apple Vanity Plates
Apple booth Macworld 07
WorldVoice Radio
Quickoffice for iPhone 1.1.1
Daylite 3.9 Review
DiscPainter
Mariner Calc for iPhone
2009CupertinoBus
Crash Bandicoot Nitro Kart 3D
MLB.com At Bat 2009
Macworld Expo 2007 show floor

 

More Apple Analysis

AOL Radio TUAW on Stitcher