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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Jobs suggests Dell should eat his words

"It may not be the last laugh, but on Friday afternoon, after the close of the stock market, Steve Jobs, the chief executive of Apple Computer, shared an e-mail chuckle with his employees at the expense of Dell, a big rival. The message was prompted by the 12% surge in Apple's stock price last week, which pushed the company's market capitalization to $72.13 billion, passing Dell's value of $71.97 billion," reports The New York Times.



In 1997, shortly after Jobs returned to Apple, the company he helped start in 1976, Dell's founder and chairman, Michael Dell, was asked at a technology conference what might be done to fix Apple, then deeply troubled financially.





"What would I do?" Dell said to an audience of several thousand information technology managers. "I'd shut it down and give the money back to the shareholders."



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