Posts Tagged ‘SteveJobs’

Apple’s Market Value

Apple Logo
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


My Panther Can Take Your Longhorn!

Apple's Panther
I read a book last year titled The Second Coming of Steve Jobs by Alan Deutschman and I put it down laughing at the antics of millionaires, like Steve Jobs; and billionaires like Lary Ellison of Oracle and Bill Gates of Microsoft.
The book talks a lot about the childish antics of Bill and Steve. One part that I probably will never forget, describes a crank call Bill placed to Steve one evening. Bill was pretending to be Philippe Kahn, a Frenchman and a big player in the days after the big bang in Silicon Valley.
“Zeez eeez Feee-LEEEP Kahn! He apparently exclaimed, “Zeee Macintosh sucks!” hanging up and laughing hysterically. Bill was trying to impress a girl.
Bill was jealous of Steve’s celebrity and “visionary” label and Steve was jealous of Bill’s unparalleled success and wealth. They were then and they are now.
I started to wonder today if Bill and Steve are back at it, one trying to pull the spotlight away from the other. Steve launched Apple’s (his) new operating system dubbed Panther last Friday. Bill, in turn, launched the PDC conference on Monday touting the supposed excellence and genius of his new operating system dubbed Longhorn. Did Bill need to put on the show this week? Or, was Bill fighting to pull the spotlight back in his direction?
My Panther can kill your Longhorn. They think like that when they’re coming up with the names for their operating systems, really they do. On the same note, Microsoft (Bill) fired an employee for posting a picture of a pallet of Apple G5s arriving at the Microsoft receiving center in Redmond. That’s embarrassing.


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palmIT is authored by Cale Bruckner [LinkedIn], President at Concentric Sky, and former SVP Product Development at Palo Alto Software.

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