On October 6, 1997, in response to the question of what he’d do if he was in charge of Apple, Dell founder and 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.
• 2X: On July 27, 2007, Apple’s value doubled that of Dell’s, $127.81 billion vs. $63.65 billion, respectively.
• 3X: On December 6, 2007, Apple’s market value passed 3 times that of Dell’s, $165.66 billion vs. $54.42 billion, respectively.
• 4X: On May 01, 2008, Apple’s market value quadrupled that of Dell’s, $158.66 billion vs. $38.97 billion, respectively.
• 5X: On February 12, 2009, Apple rose $2.60 to hit a market value of $88.37 billion or 5 times that of Dell’s $17.52 billion.
• 6X: On October 20, 2009, Apple rose $11.21 to $201.07 to hit a market value of $180.12 billion or more than 6 times that of Dell’s $29.97 billion.
• 7X: On January 26, 2010, Apple gained $7.57 to $210.64 to hit a market value of $189.72 billion or more than 7 times that of Dell’s current $27.03 billion.
• 8X: On May 21, 2010, Apple gained $1.95 to $239.74 to hit a market value of $218.12 billion or more than 8 times that of Dell’s current $25.84 billion.
• 9X: On June 1, 2010, Apple gained $6.89 to $263.77 to hit a market value of $240.01 billion or more than 9 times that of Dell’s current $26.29 billion.
• 10X: On September 9, 2010, Apple gained $1.60 to $265.37 to hit a market value of $242.43 billion or more than 10 times that of Dell’s current $24.21 billion.
• 11X: On September 23, 2010, Apple rose $3.79, or 1.32%, to $291.54 to hit a market value of $266.34 billion or more than 11 times that of Dell’s current $23.81 billion.
• 12X: On January 27, 2011, Apple rose $0.26, or 0.08%, to $344.11 to hit a market value of $317.02 billion or more than 12 times that of Dell’s current $26.02 billion.
• 13X: On August 26, 2011, Apple rose $9.86, or 2.64%, to $383.58 to hit a market value of $355.61 billion or more than 13 times that of Dell’s current $27.29 billion.
• 14X: On September 20, 2011, Apple rose $1.82, or 0.44%, to $413.45 to hit a market value of $383.31 billion or more than 14 times that of Dell’s current $27.15 billion.
• 15X: On February 15, 2012, Apple rose $14.03, or 2.75%, to $523.49 to hit a market value of $486.78 billion or more than 15 times that of Dell’s current $32.37 billion.
• 16X: On february 29, 2012, Apple rose $8.43, or 1.575%, to $543.84 to hit a market value of $505.75 billion or more than 16 times that of Dell’s current $31.35 billion.
• 17X: On March 12, 2012, Apple rose $3.27, or 0.60%, to $548.44 to hit a market value of $512.33 billion or more than 17 times that of Dell’s current $29.94 billion.
• 18X: On March 19, 2012, Apple rose $9.94, or 1.70%, to $595.51 to hit a market value of $553.29 billion or more than 18 times that of Dell’s current $30.61 billion.
• 19X: On March 26, 2012, Apple rose $10.93, or 1.83%, to $606.98 to hit a market value of $565.93 billion or more than 19 times that of Dell’s current $29.43 billion.
• 20X: On April 3, 2012, Apple rose $10.49, or 1.70%, to $629.12 to hit a market value of $585.93 billion or more than 20 times that of Dell’s current $29.21 billion.
• 21X, 22X: On, May 23, 2012, Apple’s market value stood at $520.40 billion or more than 22 times that of Dell’s current $22.90 billion after Dell shed over 15% following another poor earnings report coupled with weak guidance.
• 23X: Also on May 23, 2012, Apple’s market value stood at $520.45 billion or more than 23 times that of Dell’s current $22.15 billion after Dell shed over 16% following another poor earnings report coupled with weak guidance.
• 24X: And again on May 23, 2012, Apple’s market value was $524.00 billion or more than 24 times that of Dell’s current $21.83 billion after Dell shed over 18% following another poor earnings report coupled with weak guidance.
• 25X: On June 4, 2012, Apple’s market value hit $527.65 billion or more than 25 times that of Dell’s current $20.99 billion.
• 26X: On June 19, 2012, Apple’s market value hit $550.43 billion or more than 26 times that of Dell’s current $21.15 billion.
• 27X: On July 23, 2012, Apple’s market value hit $564.62 billion or more than 27 times that of Dell’s current $20.64 billion.
• 28X: Today, August 2, 2012, Apple’s market value hit $569.75 billion or more than 28 times that of Dell’s current $20.06 billion. Also today, Dell hit a new 52-week low. Mikey, you’re doing a heck of a job!
Apple is also a debt-free company and currently has six times Dell Inc.’s total worth in cash.
Hello, Mikey? Miiikkkkeeeyyy?
See AAPL and DELL quotes via NASDAQ here.
MacDailyNews Take: We haven’t even gotten started yet. There is no mercy rule here. Mikey’s going to die of self-inflicted foot asphyxiation, but hopefully not before he’s been packed completely full of crow.
[Thanks to MacDailyNews Reader “RobG” for the heads up.]
Related articles:
Apple now worth 27 times Dell’s market value – July 23, 2012
Apple now worth 26 times Dell’s market value – June 19, 2012
Apple now worth 25 times Dell’s market value – June 4, 2012
Apple now worth 24 times Dell’s market value – May 23, 2012
Apple now worth 23 times Dell’s market value – May 23, 2012
Apple now worth 22 times Dell’s market value – May 23, 2012
Apple now worth twenty times Dell’s market value – April 3, 2012
Apple now worth nineteen times Dell’s market value – March 26, 2012
Apple now worth eighteen times Dell’s market value – March 19, 2012
Apple now worth seventeen times Dell’s market value – March 12, 2012
Apple now worth sixeen times Dell’s market value – February 29, 2012
Apple now worth fifteen times Dell’s market value – February 15, 2012
Apple now worth fourteen times Dell’s market value – September 20, 2011
Apple now worth thirteen times Dell’s market value – August 26, 2011
Apple now worth twelve times Dell’s market value – January 27, 2011
Apple now worth eleven times Dell’s market value – September 23, 2010
Apple now worth ten times Dell’s market value – September 09, 2010
Apple now worth nine times Dell’s market value – June 01, 2010
Apple now worth eight times Dell’s market value – May 21, 2010
Apple now worth seven times Dell’s market value – January 26, 2010
Apple now worth sextuple Dell’s market value – October 20, 2009
Apple now worth quintuple Dell’s market value – February 12, 2009
Apple could buy Dell outright; Mac-maker has more cash on hand than Dell is worth – October 21, 2008
Apple now worth quadruple Dell’s market value – May 01, 2008
Apple now worth triple Dell’s market value – December 06, 2007
Apple now worth double Dell’s market value – July 27, 2007
Beleaguered Dell: Shut it down and give the money back to the shareholders – March 02, 2007
Biting words on Apple come back to haunt Dell – February 10, 2007
Steve Jobs emails Apple team: Michael Dell not the best prognosticator, Apple worth more than Dell – January 16, 2006
Apple now worth more than Dell – January 13, 2006
Never.
Gets.
Old.
Luv ya, Mikey!! /waves
Beating a dead horse.
‘Beating a dead horse’? To whom?
Certainly not to those of us Mac user who had to endure the derision and ridicule of smarmy & indignant Windows users circa 1995-2005.
If you were a Mac user during that period, you were scum in the eyes of Windows zealots. Michael Dell cast his lot with them and deserves all the derision he can swallow.
So, spare me your sanctimonious pontifications of ‘beating a dead horse’. The horse may be dead, but it’s not yet been pulverized into a paste that is beyond recognition of its former existence. That has yet to transpire.
When Dell finally declares bankruptcy, then we will stop.
Until then… you know what to do.
Assuming he’s the same “RobG” who sent MDN the link, perhaps he doesn’t know what “beating a dead horse” really means?
Perhaps he’s simply likening Dell to a “dead horse” and thinks it deserves a beating?
Did you mean “beating a dead horse” ins the traditional sense, RobG? As in: “To continue in any endeavor (physical, mental, etc.) that is a waste of time as the outcome is already decided.”
If so, why did you send MDN the link, if you did?
You guys are over-analyzing things.
You are beating a dead horse when you insist on talking about something that cannot be changed, and we all know where Dell is headed… and it’s fun 🙂
Some horses, even though dead, are still fun beating the hell out of. At some point when there’s nothing left the beating will stop.
Yeah, Chinstrap you’re dead-on about the “dead horse.” Send that nag to the rendering plant! GLUE IS GOOD!
I, too, was there with the fool Window zealots attacking Mac users. Even though I get a kick out of the Dell-Apple numbers, I don’t have the same drive for “revenge” that you, MDN, and others have. We’ve already won. Had you not noticed? Bankruptcy is unnecessary. Though it may be coming, it hurts more than just Mr. Mikey.
What I’m actually waiting for is for Macs to pass Windows. I’m waiting for Windows itself to fade into history replaced by Apple and who knows who else. That’s the gloat I will be smearing over those who had relegated Apple to also-ran status. And people new to Mac, just don’t have that same memory as those around 1995-2005. They’ll wonder what the fuss is. But, yes, I remember, Chinstrap.
It does become tiring after years of guerrilla warfare. Yet he who lays his weapon aside for a moment of rest, soon wakes to a tableau of devastation, shockingly punctuated by a suppurating pool of one’s own vital organs.
It isn’t over. Not until day that both populace and press, far and wide, recognize the Dell brand only as a publisher of once-popular comic books.
Right on.
“What I’m actually waiting for is for Macs to pass Windows.”
DELL and Windows are inextricably entwined.
Hoping for the passing of one, but not the other, is disingenuous at best, apologist at worst.
I’m sorry, but to make me happy, Mikey’s dismissive, derisive comment about shutting down Apple requires the complete and utter obliteration of DELL.
And even then, I won’t really enjoy the news of DELL’s demise unless DELL’s corpse is dragged by the ankles, over the gravel and cobblestone streets of Redmond, behind Apple’s chariot.
Okay! Okay! Corpse draggin’ it is, then! 🙂
…by the ankles!
…over gravel!
…and cobblestone…
Hmmm…
Scum? For using a different computer?
No wonder the USA has historic problems with race.
?????
MDN take on Dell … Tenacious, unforgiving and unrelenting. We love it!
Like a jack Russell terrier sinking its teeth into your pants cuff and never letting go no matter how much you try to shake it off.
“No matter how much you shake and dance,
There’s always some that drips down your pants.”
-old Mesopotamian proverb
I enjoy it every time!
If you were there fighting for Apple back then, you would enjoy it too.
All you kids know is what’s going on now.
Hell, back then it was a fight with the IT windows fags, just to get a Mac on the company network. You kids just don’t understand how it was back then.
All the user groups banding together to keep the Mac alive and knowing some day that the Mac would rise again. Or should I say Apple would rise again.
Keep posting this! 🙂
wake me at 100x, in a couple of weeks.
We can stop now. 28 is a perfect number. Unless you want to wait until 496.
I give up: What’s the significance of either/both these numbers?
http://en.wikipedia.org/wiki/Perfect_number
Thanks for that – I couldn’t remember the details
As in, *literally* perfect numbers: http://en.wikipedia.org/wiki/Perfect_number
*impossibly geeky, somewhat clammy mathematical high-five!*
I’ll be quite happy at 42 times.
But don’t get me wrong, I’ll be even happier at 50 times. And 100 times. And …
TAKE IT RIGHT UP THE ASS YOU CROSSEYED ASSWIPE.
Trolling for feedback? Lose the Caps Lock and the foul language and grow up.
“Crosseyed”? Definitely.
“Asswipe”? Probably not. Looks like he hasn’t cleaned there in a very long time.
This is like Groundhog Day. Even there you can learn to love life.
What it is like a week since the last one of these? Aren’t we tired of this yet? It’s like Balmers ‘let’s see how they go with that’ iPhone comment… Never gets old!
Only problem is, there needs to be a clarifying paragraph in between para 1 & 2 about Dell being a tech giant n Apple being in dire trouble…or whatever the case was.
Never get tired of revenge served cold.
It would be great to see a chart of this X multiplier factor over the years!
1
– superimposed over the photo of Michael…
I wish Ballmer would send Dell an Elop to help out like he did for Nokia. Give Mikey the burning platforms routine then have him hand over complete control to Balmy’s army. It would at least be better and somewhat less embarrassing than the inevitable SIDAGTMBTTS option.
This will NEVER get old! Eat it Mikey!
Sorry, eyes too close together, won’t make it. Sorry.
so what? you can compare with samsung? I don’t think so. even Dell is declined, they have sold most PC which occupy high market share. the number you macdaily news suggests is totally wrong. but why Apple share is still under 15% in US? or why is it under 5% worldwide? can you explain it? I don’t think so. it’s just stupid number game. it’s only crazy in US. take a look at the world market. apple only grows idevice not mac. for other countries, mac is still very expensive. even iphone is very pricey. in Korea, most people use samsung or LG, or google nexus. iphone is just very expensive. apple doesn’t open itunes store in Korea. that’s why iphone is fucking useless. what will you do (only app store in Korea)? no music, movies, tv show…. I think that Apple should withdraw from Korea.
eh, Apple withdraw? Only if we can send you back to Korea. Go post there.
Sigamigabitts, baby! Suck it, Dell! You and your cheap, shitty, plastic, wannabe garbage. Mr. Steve and Co., they put a target on your face, then proceeded to eff you eff’n up! Just gotta love!
Go Apple!
How do you eat an elephant?
One bite at a time.
Apple has the patience to eat the whole damn thing, no matter how long it takes.
Don’t ever stop.
. . . I know, I know, that’s what she said.
I call it article rejuvenation, specially when it gets old. Takes pure happiness.