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-- Big Mike, Site Administrator
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The first "business" computer I sold had 32K of Ram and two 8 inch floppy drives. There was no such thing as a hard drive available. Instead I sold a four bay, 8 inch floppy expansion bay . Yes you read that right. You put two program disks in the two 8 inch floppy drives on the main console, and 4 data disks in the expansion bay. To make backups you had to copy each individual disk.
The software was written in Ryan McFarland Cobol and the indexes had a bad habit of crashing. When that happened I had to gather up the clients disks , send them to a support department and wait 2 weeks to get them back, indexes restored.
The clients said that was ok... before I sold them the computer... it took them 4 weeks to do it manually.
I later upgraded them to a 5 meg external hard drive for $4,995.00.
Monitors were available with white, green or orange text only.
I went to a bid opening for the State of Texas in Austin ... someone pointed out this curly headed kid over in the corner and asked if I knew who he was.
I said,"Can't say that I do ... but is he old enough to be here?"
The guy said... that's the kid that started PC's Limited ... Michael Dell...
I heard the young fella did ok for himself...
I'm just a simple man trading a simple plan.
My daddy always said, "Every day above ground is a good day!"
Yeah, IMHO Michael Dell should close down his company and give the money back to his shareholders...
--
In 1997, shortly after Mr. Jobs returned to Apple, the company he helped start in 1976, Dell's founder and chairman, Michael S. Dell, was asked at a technology conference what might be done to fix Apple, then deeply troubled financially.
"What would I do?" Mr. Dell said to an audience of several thousand information technology managers. "I'd shut it down and give the money back to the shareholders."
--
These days:
Market value • Dell (DELL) – $30.07B Apple (AAPL) – $334.54B
-- On October 6, 1997, in response to the question of what he’d do if he was in charge of Apple, Dell founder and CEO Michael Dell stood before a crowd of several thousand IT executives and answered flippantly, “What would I do? I’d shut it down and give the money back to the shareholders.” A little more than a month later, on November 10, 1997, new Apple Interim CEO (iCEO) Steve Jobs responded, speaking in front of an image of Michael Dell’s bulls-eye covered face, “We’re coming after you, you’re in our sights.”
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. • 2X: On July 27, 2007, Apple’s value doubled that of Dell’s, $127.81 billion vs. $63.65 billion, respectively. • 3X: On December 6, 2007, Apple’s market value passed 3 times that of Dell’s, $165.66 billion vs. $54.42 billion, respectively. • 4X: On May 01, 2008, Apple’s market value quadrupled that of Dell’s, $158.66 billion vs. $38.97 billion, respectively. • 5X: On February 12, 2009, Apple rose $2.60 to hit a market value of $88.37 billion or 5 times that of Dell’s $17.52 billion. • 6X: On October 20, 2009, Apple rose $11.21 to $201.07 to hit a market value of $180.12 billion or more than 6 times that of Dell’s $29.97 billion. • 7X: On January 26, 2010, Apple gained $7.57 to $210.64 to hit a market value of $189.72 billion or more than 7 times that of Dell’s current $27.03 billion. • 8X: On May 21, 2010, Apple gained $1.95 to $239.74 to hit a market value of $218.12 billion or more than 8 times that of Dell’s current $25.84 billion. • 9X: On June 1, 2010, Apple gained $6.89 to $263.77 to hit a market value of $240.01 billion or more than 9 times that of Dell’s current $26.29 billion. • 10X: On September 9, 2010, Apple gained $1.60 to $265.37 to hit a market value of $242.43 billion or more than 10 times that of Dell’s current $24.21 billion. • 11X: On September 23, 2010, Apple rose $3.79, or 1.32% to $291.54 to hit a market value of $266.34 billion or more than 11 times that of Dell’s current $23.81 billion. • 12X: Today, Apple rose $0.26, or 0.08% to $344.11 to hit a market value of $317.02 billion or more than 12 times that of Dell’s current $26.02 billion.
Apple is also a debt-free company and currently has significantly more cash and short-term investments on-hand ($57 billion) than Dell Inc. is worth (more than double, in fact).
Hello, Mikey? Miiiiikeeeeey?
