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Apple Worth More Than Dell (last Friday, anyway)

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At the close of the market last Friday, Apple’s market cap was higher than Dell’s. This spurred Steve Jobs to send an email to Apple employees saying “Na na na na na, neener neener neener!” because Michael Dell said back in 1997 that he would give Apple stock holders their money back and close shop if he were running Apple.

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I went to the top of the hill to see what all the hubbub was about and what I saw was a flawed copy of OS X.

Jan. 18, 2006
2:03 PM

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And true to form, Apple’s stock got hammered after the earnings report.

“Despite announcing $100 billion in revenue and $10 billion in profit, and that they discovered a cure for cancer, Apple stock plummeted by $12 today on news that the company is excpecting only 300 million iPod shipments next quarter.”

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Nick Mediati
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Jan. 18, 2006
4:42 PM

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So true.

I noticed that iPods now account for the majority of Apple’s revenue.

Macs - $1.74 billion revenue
iPods - $2.906 billion revenue.

Mac CPU sales are up 20% year over year.

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I went to the top of the hill to see what all the hubbub was about and what I saw was a flawed copy of OS X.

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Jan. 18, 2006
4:54 PM

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As long as they have their loyal userbase, which is much bigger than the 2.28% Thurrott reports btw. which should mean they can sell a lot of software, iPods, HD:s and so on, which is good money too.

He also says it’s inherently difficult to gain much marketshare, which is true I suppose, but it doesn’t matter for Apple as long as billions of dollars keep flowing into their well filled bank-accounts. They can laugh all the way to the bank.

What does this mean for the most of us? Absolutely nothing, as long as they continue to do what they do so darn well.

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Software, Music, Thoughts....
_____ mikaellq.buildmy.ws_____

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Jan. 22, 2006
2:04 PM

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Dell is probably going to buy Alienware says Engadget.com (Gaming?) PowerMac vs. AlienWare Dell

I think Apple should add a game option, licensed through Nintendo at first, for emulated games in Front Row.  Hell, the remote would even work pretty well.

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Mar. 14, 2006
9:38 PM

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