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Monday, October 08, 2007

Apple vs Dell - 10 years later

Anyone remember the comments Micheal Dell said 10 years ago today regarding Apple and what he would do to fix the company?

"What would I do? I'd shut it down and give the money back to the shareholders," - link
Stunning isn't it. Well lets take a quick look at what Mike was talking about. Here we are 10 years later and Apple's market cap is over double... double what Dell's is! Click here for an article from our friends at CNNFN.

Amazing what a difference a decade makes. Damn don't I wish I socked up on a few shares of Apple stock back then. AAPL closed today at $167 DELL closed at $27.95. Hmmm This guy thinks that apple will hit $225 a share in 2008. WOW.

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Full-disclosure. Tommy, I have Apple stock. :-P And, I'm holding.

-M

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