
"What would I do? I'd shut it down and give the money back to the shareholders" -- Michael Dell, Oct. 6, 1997, when asked what he would do if he ran Apple.
On Tuesday, Dell entered into an agreement with Silver Lake to acquire Dell (DELL), the company he founded in 1984, for $24.4 billion.
Apple (AAPL), despite the drubbing its share price has taken, is currently valued at $417 billion.
Five years after Michael Dell returned to lead the PC maker he founded, Dell may actually be ready for a second act. The next several months will be dicey. Here's what to watch for.
By Kevin Kelleher, contributor
FORTUNE -- Is Dell finally turning a corner? Five years after Michael Dell returned to lead the PC maker he founded and transformed into a colossus, Dell may actually be ready for a second MORE
Apr 6, 2012 5:00 AM ET
To compete with full-service tech giants such as HP, Oracle, and IBM, Dell is going back to its roots.
By Anne VanderMey, reporter
FORTUNE -- Forrest Norrod knows all about running a scrappy operation: Five years ago, when he started a business to design computer data centers for big corporations, Norrod's outfit was so lean that his team used dollar bills to measure server racks when they couldn't find rulers. One engineer built MORE
Nov 29, 2011 5:00 AM ET
The company's market cap vied with Exxon Mobil's in see-saw trading Tuesday
The lead changed hands several times Tuesday as Exxon Mobil (XOM) recovered from early losses and Apple's (AAPL) gains leveled off. By 3:00 p.m, Apple's market capitalization (share price times number of shares outstanding) was more than $5 billion larger than Exxon's, according to Google Finance. As the closing bell approached, however, Exxon surged faster than Apple and retook the MORE
Philip Elmer-DeWitt - Aug 9, 2011 2:01 PM ET
Dell's earnings and stock price are up. But is its CEO making the bold moves needed to compete with IBM and Apple?
By Katie Benner, writer
FORTUNE -- Dell Inc. isn't the No. 1 PC maker anymore, and to hear Michael Dell, the company's founder and chief executive, tell it, that doesn't much matter. Dell is a diversified technology company, offering everything from servers to systems integration. And, he insists, its future MORE
Jun 13, 2011 11:15 AM ET
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Dell CEO Michael Dell sat down with The Wall Street Journal to reflect upon the path his company has taken since he co-founded it in his dorm room some 26 years ago. Among the areas discussed: how the tablet's meteoric success surprised him, why Android tablets will pass MORE
JP Mangalindan, Writer - Apr 25, 2011 6:30 AM ET
In the flood of commentary after Jobs announced his sick leave, some contrarian opinions
There's been no shortage of analysis -- including ours -- in the three days since Apple (AAPL) revealed that its co-founder was taking an open-ended medical leave.
Conventional wisdom has it that the company's existing product lines are in good hands, but that Jobs will be sorely missed when it comes time to invent the next iPod, iPhone MORE
Philip Elmer-DeWitt - Jan 20, 2011 7:59 AM ET
The company needs to transform, but here's why going private doesn't make sense.
Rumors of Dell going private really took off back in June when, at the Sanford C. Bernstein investor conference, CEO and founder Michael Dell, well, mentioned that he had considered that strategy.
Then earlier this month, CFO Brian Gladden poured some gas on the flames when he said the debate was still alive in Austin, saying that Dell (DELL) had spent MORE
Shelley DuBois, writer-reporter - Nov 18, 2010 11:50 AM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
Facebook CEO Mark Zuckerberg set the record straight about that potential "Facebook phone" during a MORE JP Mangalindan, Writer - Sep 23, 2010 7:30 AM ET
The collective net worth of the super rich on Forbes's annual list of the 400 wealthiest Americans fell by $300 billion over the past 12 months, and the tech sector spilled its share of the red ink.
Microsoft's Bill Gates lost the most -- at least on paper. His net worth dropped from $57 to $50 billion, not enough, however, to keep him from topping the list for the 16th year MORE
Philip Elmer-DeWitt - Oct 1, 2009 6:23 AM ET