Steve Jobs Should Shut Down Apple – Michael Dell’s Recommendation

Jobs had a public war of words with Dell Computer CEO Michael Dell, starting when Jobs first criticized Dell for making "un-innovative beige boxes." On October 6, 1997, in a Gartner Symposium, when Michael Dell was asked what he would do if he owned then-troubled Apple Computer, he said "I'd shut it down and give the money back to the shareholders." In 2006, Steve Jobs sent an email to all employees when Apple's market capitalization rose above Dell's. The email read:

Team, 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. Steve.



Apple’s market cap — it is an astonishing $186.7 billion dollars — that’s bigger than:

Google $172B
Cisco $131.7B
HP $117.5B
Intel $110.4B
Verizon $85.7B
Amazon $51.7B
Research In Motion $34B
Dell $26.5B