« "I Am a Freakishly Talented Athlete" | Main | Rationalizations »

"I'd Shut It Down..."

In 1997, Michael Dell was asked what could be done to fix Apple. His answer?

What would I do? I'd shut it down and give the money back to the shareholders.
Last week, Apple's market capitalization rose to $72.13 billion, surpassing Dell's $71.97 billion. Steve Jobs marked the occasion with an e-mail message to Apple employees:
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.

TrackBack

TrackBack URL for this entry:
http://boosman.com/blog-mt/mt-tb.fcgi/826

Post a comment