AAPL Stock: 117.81 ( -0.22 )

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Jobs sends \'email chuckle\' on marketcap

updated 09:05 am EST, Mon January 16, 2006

Jobs \'email chuckle\'

On Friday, Steve Jobs took a moment to . The note came following a 12 percent rise last week in Apple's stock value, according to the New York Times: "It may not be the last laugh, but on Friday afternoon, after the close of the stock market, Steven P. Jobs, the chief executive of Apple Computer, shared an e-mail chuckle with his employees at the expense of Dell, a big rival.... On Friday, apparently savoring the moment, Mr. Jobs sent a brief e-mail message to Apple employees, which read: '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.'"

The note comes after CEO Michael Dell--in 1997, shortly after Jobs returned to Apple--said that he would shutdown Apple and give the money back to its shareholders. The remarks came in response to a question at technology conference about what he would do with the then-financially troubled Apple.

by MacNN Staff




  1. lockhartt

    Joined: Dec 1969


    A Job Well Done

    But it's a far easier task when there's almost nowhere to go but up... from here on in things get a lot more difficult.

    Let's hope everyone remains focused and committed, as there's never a good time to be overly confident in one's previous success. :)

  1. eldarkus

    Joined: Dec 1969


    this is why...

    This is why CEO's should really shut thier mouths. At least Steve wasnt a jerk about this "victory". He could have said much more, but didnt.

  1. Deal

    Joined: Dec 1969


    I'm sure everybody @ AAP

    Everybody at Apple is proud of what they've accomplished.

    I agree that it's time for them to roll up their sleeves and fight for the rest of it. The transition isn't over and that is some tough ground to cover. Also, everybody's looking at pushing down the king of the Digital Music hill. At the moment, MS, the bully of the schoolyard is yet again making the attempt to do that.

    Apple is amazing and I'll bet they've got something in the affect of brass knuckles behind their back :)

  1. blue_november

    Joined: Dec 1969


    Aha Steve, I am here!

    yes, this is the reaal Michael dell! I and all who really know the business know that I was only joking! How dare YOU Steve? Remember when you didnt have money for a sandwich? who gave it to YOU steve!!!!?!? And now you are worth billions why dont we talk "strategy"? Cmon, lets take on microblob- opps, sorry Billie boy I meant no disrespect, it's just biz-niz.



    ps- s**** all of you mac people, you will be running OS X on a Dell™ branded box soon enough! Bunch of poor designers that you are...what is the problem with a cheap grey box!!?? arrrghhh....

  1. notehead

    Joined: Dec 1969


    A touch of class

    I agree that Steve could have gone a LOT further, and it showed class for him to restrain himself like that. I would have gloated like a m*** and sent Mike a delectably prepared crow to eat.

    Just wait until a new line of mactel towers come out in August and the stock hits $110. (My humble prediction.)

  1. kw99

    Joined: Dec 1969


    Next stop... HP

    It won't be long before Apple's market cap exceeds the "number one" PC maker (HP).

  1. testudo

    Joined: Dec 1969


    Re: aha

    ps- s**** all of you mac people, you will be running OS X on a Dell™ branded box soon enough! Bunch of poor designers that you are...what is the problem with a cheap grey box!!?? arrrghhh....

    He's right on that. Once OS X easily runs on Dell boxes, people will be buying those things left and right. Despite what all you think, most people do NOT care what their computer looks like (you know, that computer, sitting under the desk, that you barely see for 5 seconds out of the day). They care that they can get what they want for the price they want. If I'm plugging my computer into my network, and using a standard keyboard and mouse, why exactly must I pay the extra $50-$100 for airport and bluetooth capabilities? And how come, when I spend $2500 for a computer, can't I put more then two measly hard drives in it, esp. when its bigger then any other computer on the market (and don't tell me about how external drives are better then internal ones and all that, because everytime I price them out, the internal ones are waaaaaayyyyyy cheaper).

  1. galileo669

    Joined: Dec 1969


    re: re: aha

    "Once OS X easily runs on Dell boxes, people will be buying those things left and right."

    There will be SOME that will go that route, but not anyone who wants a stable well-built machine that will run far longer than it's competitors. I have PC's and Macs both at home, and whereas I enjoy building my own PCs, I find it interesting that the Dell and the HP system that were purchased in 2001 have been long gone, my 1999 G4 Mac is still going strong *and* oddly enough *still* boots faster and loads programs faster than my PCs that have processors with 3x the capacity.

    So, yeah, if you wanna go cheap, go Dell. If you wanna get more bang for your buck, buy a Mac.

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