[Eug]

Dell's market capitalization: $24.5 billion
Apple's cash on hand: > $25 billion

Yowza. Mikey must be hatin' it.

[Big Mac]

If I were Michael Dell, I would close up shop and sell the company's assets to give the money back to shareholders.

[turtle777]

^^^

Some sweet revenge there.

-t

[Jawbone54]

I wonder if Mike is getting sick of eating those words yet.

[Hawkeye_a]

Steve should have mentioned it in the conference call. And he should have also said that he wouldn't waste Apple's money by buying them.

[BLAZE_MkIV]

Better yet, It would only take 13 million to do it.

[Eug]

Originally Posted by Eug 

Dell's market capitalization: $24.5 billion

Correction. Dell now worth $23.3 billion.

----

Oh and MacDailyNews has a good summary of the situation:

On January 13, 2006, after a little more than eight years of hard work, Apple Inc. passed Dell, Inc. in market value, $72.13 billion vs. $71.97 billion at market close, respectively.

On July 27, 2007, Apple's value doubled that of Dell's, $127.81 billion vs. $63.65 billion, respectively.

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

On May 1, 2008, Apple rose $6.05, or 3.48%, to close at $180.00 and the company's market value passed 4 times that of Dell's, $158.66 billion vs. $38.97 billion.

Even after the recent market meltdown, and factoring in the $12.12 that Apple gained in after-hours trading today following stellar results, Apple is still worth nearly 4 times that of Dell, $91.79 billion vs. $24.66 billion, respectively.

Not only that, but today, Apple CEO Steve Jobs revealed that Apple currently has $25 billion in the bank and is a debt-free company.

[turtle777]

Would be interesting to see at what point M$ got to that kind of "invincible" financial situation, and if its decline happened soon after

-t

[- - e r i k - -]

Originally Posted by Big Mac 

If I were Michael Dell, I would close up shop and sell the company's assets to give the money back to shareholders.

*zing*

[Dork.]

If I were Michael Dell, I'd be too rich to care about what I said ten years ago....

[ajprice]

Originally Posted by Dork. 

If I were Michael Dell, I'd be too rich to care about what I said ten years ago....

Which Michael Dell are you talking about? The Michael Dell we mean has a company that's worth nearly $50bn less than it was worth 2 and a half years ago. On that basis he might not have a company worth anything in a few years time.

[Dork.]

I'll still take his net worth over mine, no matter how much Dell stock has tanked in the past 3 years ....

[mduell]

For a single digit percentage premium? Nope.

[Sealobo]

Aapl should do massive share buyback.