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by reaperducer 3102 days ago
1990something: >Michael Dell made his infamous quote that Apple should "shut down and give the money back to the shareholders."

2017: Who's Michael Dell?

Steve Jobs is better known dead than Michael Dell is alive.

4 comments

Steve emailed Apple employees in 06, saying:

> It turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today.

> Michael Dell made his infamous quote that Apple should "shut down and give the money back to the shareholders."

In a bizarre turn of events, he took Dell (the company) off the stock market himself making it non-publicly owned.

> 2017: Who's Michael Dell?

He's a guy worth $23.5B (says Google today).

Dell may not be very exciting, but Michael Dell is doing fine.

Don't forget that Dell still has twice the market share of Apple on laptops. Apple is successful today because of the iPhone, but Dell is still doing great.
Their market cap is $24 billion, while Apple is at $900 billion, and is in the race to become the world's first trillion-dollar company.

Even Acer (remember them) is worth almost 3x what Dell is today.