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Tuesday, October 09, 2007

Dell vs. Apple: 10 Years Later

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It was 10 years ago that Michael Dell, speaking before several thousand technology executives at ITxpo97 in Orlando, answered a question about what he would do if he were CEO of Apple with a remark he probably instantly regretted:

“What would I do? I’d shut it down and give the money back to the shareholders.” (link) As others have noted, Apple’s market capitalization today is more than double that of Dell: Apple: $140.4 billion Dell: $62.27 billion But don’t shed a tear for Micheal Dell. According to a list of the 400 wealthiest Americans published last month, his net worth is more than triple Steve Jobs’. Michael Dell: $15.5 billion Steve Jobs: $4.9 billion Get paid to blog Photo Sharing and Video Hosting at Photobucket

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