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Steve serves Michael a really cold one July 29, 2007

Posted by reverseengineer in Apple Inc., Milestones, Statistics, Steve Jobs.

Revenge is a dish best served cold.

– Klingon proverb

In 1997 at the Gartner Symposium and IT Expo in Orlando, Michael Dell, founder and CEO of the company that bears his name, was asked what he’d do if he was in charge of Apple Computer. Dell said sarcastically, “What would I do? I’d shut it down and give the money back to the shareholders.”

After a month, Steve Jobs fired back: “We’re coming after you, you’re in our sights.”

It took Steve almost a decade, but early last year, Apple’s market value passed Dell’s, from Apple’s $72,132,428,843 vs. Dell’s $71,970,702,760 at market close of January 13, 2006.

As of market close yesterday, Apple Inc.’s value is officially double that of Dell Inc.: US$127.8 billion to US$63.65 billion.

Cold enough for you, Mike?



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