January 16, 2006

Apple's Market Value

Last Friday Steve Jobs, Apple's CEO, sent the following e-mail to his team.

"Team, it turned out that Michael Dell wasn't perfect at predicting the future. Based on today's stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve."

Last Friday Apple's market value was $72.3 billion, Dell's was $71.97 billion. I'm amazed. I still can't believe Steve saved Apple from what most people thought was certain doom and with the Ipod (an MP3 player) for that matter - who would have thunk.

Maybe I'll be using an Apple as my primary machine before the year is up - or maybe I'll just be using their OS. Is a real OS alternative going to emerge from the Jobs hype cloud? I think it's possible. I think Jobs might be secretly planning an all out attack on Microsoft and the OS they've been struggling with for so many years. I think he wants Tiger to work on the PC hardware platform. If he can eliminate the hardware problem (technically and from a business perspective) he can use the Jobs hype cloud to move the masses towards his OS. Compare the Tiger home page to the Vista home page - you can see Steve in the Tiger home page and Bill in the Vista homepage. Culturally, the two companies are very different - people are tired of Windows - if you give them a sexy alternative with low switching costs they might just jump ship. Time will tell.

Update: Chris Pirillo speculating on Apple's future - Apple's OS Comes Bundled with Windows on all Dell Machines - Apple Financial Results Q1 2006 Jan 18th

Update: Om Malik - 22 Days of Apple - blogging about historical trends in Apple stock

Posted by Cale on Jan 16, 2006

Categories: tech.commentary, tech.commentary.apple
Technorati Tags: Apple Ipod Jobs SteveJobs Dell Micahel Dell Vista

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Comments

rumors of how MS hires are very different from what you hear about apple. basically, you don't hear rumors of intimidation via riddles and other goofiness.

btw - how do you get down from an elephant? oh nevermind.

Posted by: Luke Walsh | January 17, 2006 11:06 AM

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