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Dell and Apple, who is ten times bigger in 2010 ?

Dell’s top man Michael Dell has always been an outspoken CEO and in 1997 when asked what he would do if he was in charge of Apple he said “I’d shut it down and give the money back to shareholders.” Unfortunately this was the start of a ‘CEO-style’ feud between himself and Steve Jobs, who a month later said “We’re coming after you, you’re in our sights”.

Dell in the late 90’s were one of the biggest tech companies in the world, worth many times more than Apple, who were floundering. Unfortunately for Michael, this was to change and we have a breakdown on Apple’s worth compared to Dell, from 2006 to the present day.

Dell CEO - Michael Dell standing in front of the world's largest computer

2X: On July 27, 2007, Apple’s value doubled that of Dell’s, $127.81 billion vs. $63.65 billion, respectively.

3X:On December 6, 2007, Apple’s market value passed 3 times that of Dell’s, $165.66 billion vs. $54.42 billion, respectively.

4X:On May 01, 2008, Apple’s market value quadrupled that of Dell’s, $158.66 billion vs. $38.97 billion, respectively.

5X:On February 12, 2009, Apple rose $2.60 to hit a market value of $88.37 billion or 5 times that of Dell’s $17.52 billion.

6X:On October 20, 2009, Apple rose $11.21 to $201.07 to hit a market value of $180.12 billion or more than 6 times that of Dell’s $29.97 billion.

7X:On January 26, 2010, Apple gained $7.57 to $210.64 to hit a market value of $189.72 billion or more than 7 times that of Dell’s current $27.03 billion.

8X:On May 21, 2010, Apple gained $1.95 to $239.74 to hit a market value of $218.12 billion or more than 8 times that of Dell’s current $25.84 billion.

9X:On June 1, 2010, Apple gained $6.89 to $263.77 to hit a market value of $240.01 billion or more than 9 times that of Dell’s current $26.29 billion.

10X:In NASDAQ trading today, Apple gained $1.60 to $265.37 to hit a market value of $242.43 billion or more than 10 times that of Dell’s current $24.21 billion.

KitGuru says: It may not be that Steve Jobs has the last laugh (not yet anyway), but Michael Dell probably wishes now that he kept his mouth closed in 1997.

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