MichealDell
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Apple's value is now quadruple Dell's
There's no love lost between Steve Jobs and Dell founder Michael Dell. Back in 1997, when Michael was CEO of Dell, he famously told a group of IT big wigs, ""What would I do [if I were in charge of Apple]? I'd shut it down and give the money back to the shareholders."Oh, Michael. That's the kind of statement that waits in a corner for years, thinking, "I'm going to bite him in the backside ... hard."The time has come. Earlier today, Apple rose $6.05 (3.48%) in NASDAQ trading, closing at $180.00. Compared to Dell's standing, Apple's market value of $158.66 billion is now four times Dell's $38.97 billion.Only a year ago, we were excited that Apple had doubled Dell's value. Here's to the next twelve months.
