What did Michael Dell tell Apple in 1997?“I’d shut it down and give the money back to shareholders.”
This post is about renewal. One for the Apple fan club.
A throwback to 1997.
"A decade ago, Dell's market value was $130 billion while Apple's was $23 billion. Today, Dell's is down 74% to $24 billion while Apple's has exploded 898% to $234 billion"
http://news.cnet.com/Dell-Apple-should-close-shop/2100-1001_3-203937.html
How apple turned around?
http://latimesblogs.latimes.com/money_co/2011/08/apple-stock-steve-jobs-ceo-ipad-iphone-ipod-mac.html
Apple
https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1392472396439&chddm=1689902&chls=IntervalBasedLine&q=NASDAQ%3AAAPL&&fct=big&ei=MHH_UuDQLsaRkgWz3QE
Dell (Delisted in USA. Dell privatised.)
http://www.economist.com/news/business/21571425-michael-dell-plans-buy-out-firm-he-founded-will-it-work-dell-goes-private
http://www.dailyfinance.com/2010/06/30/how-dell-destroyed-68-billion-in-stock-market-value-in-a-decade/
Moral of the Story don't be a Ding Dong Dell.
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