Apple Worth 3x Dell!
Wow I had no idea
clipped from www.macdailynews.comApple now worth triple Dellâ™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.
This morning in intraday NASDAQ trading, a mere four months after becoming twice as valuable as Dell, Apple's market value passed 3 times that of Dell's, $165.66 billion vs. $54.42 billion.