Apple 2.0

Covering the business that Steve Jobs built

Dell vs. Apple: 10 Years Later

October 7, 2007: 8:09 AM ET

picture-36.jpgIt 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 (AAPL) market capitalization today is more than double that of Dell (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

[Chart comparing 10 years of Apple and Dell share prices courtesy of NASDAQ.]

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About This Author
Philip Elmer-Dewitt
Philip Elmer-DeWitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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