Thursday, December 6, 2007

Apple now worth triple Dell’s market value

In 1997, Mr. Dell was asked what he would do to fix Apple. He responded, "What would I do? I'd shut it down and give the money back to the shareholders." It wasn't to long before Steve Jobs placed a bullseye over his face and put Dell 'in his sights.'

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. Maybe Mr. Dell should take his own advice.

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