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Dell vs. Apple - The Power of Vision

Published: 4/21/2010 9:40:42 AM

Michael Dell, when interviewed in 1997 about what he would do if he was in charge of Apple Computer, said something to the effect that he would close the company down and give all the money back to shareholders.  He thought the company was a complete write-off.

Now, Apple has a market capitalization approaching $240 billion vs. Dell Computer's $33 billion.  Apple has more cash on hand than that.

So while Dell is in the commodity computer business, Steve Jobs re-created Apple as a non-commodity computer business.  His vision is clearly more valuable than Michael Dell's.

Cheers,

Don Jones

VentureDeal

 

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Don Jones
CEO, VentureDeal

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