MacUpdate Weekend Sale :This weekend MacUpdate has slashed prices on Painter 12 and Painter Lite. Painter 12 retails for $429, but has been reduced by 54% to $199. Painter Lite has seen a 58% price cut from $69 to $29. Hurry, because these deals are only available until May 19th 2013.      
toggle

AAPL Stock: 433.26 ( -1.32 )

http://www.macnn.com/articles/06/05/03/apple.pulls.ahead.of.dell/

Apple pulls ahead of Dell, again

updated 02:15 pm EDT, Wed May 3, 2006

 

Apple pulls ahead of Dell


Apple has once again pulled ahead of Dell in overall marketcap value, as Dell waits for Microsoft's delayed Windows Vista operating system to ship while the Cupertino-based company airs TV ads promoting its new Mac systems. Apple is still enjoying the publicity of its recently-released Boot Camp software, allowing Intel Mac users to dual-boot Mac OS X with numerous other operating systems, including Microsoft Windows XP. The software's debut caused a massive spike in Apple's share value, resulting in a gain of more than 15 percent in four days' time as investors mulled over the prospect that Apple could snatch considerable marketshare from other PC makers, such as Dell. Apple first surpassed Dell in market cap value on January 13th of 2006, after which Apple CEO Steve Jobs sent an "email chuckle" to company employees. The email cited CEO Michael Dell's prediction in 1997 that he would shut down Apple and give the money back to its shareholders.


by MacNN Staff

Post tools:

TAGS :

 Investor

Related Articles

Recent Articles

toggle

Comments

  1. Glasspusher

    Fresh-Faced Recruit

    Joined: Oct 2000

    0
    05/03, 05:26pm | report spam | Reply |

    pulling away

    How long before Dell is forever in Apple's rear view mirror? I guess that's what Dell gets for tying itself to that boat anchor called M$

    Is Apple doomed yet?

  1. bigpoppa206

    Fresh-Faced Recruit

    Joined: Jun 2003

    0
    05/03, 06:27pm | report spam | Reply |

    time now for our

    happy dance!

  1. cebritt

    Fresh-Faced Recruit

    Joined: Mar 2000

    0
    05/03, 06:33pm | report spam | Reply |

    Beleaguered Dell

    HP and Apple are outperforming Dell. How much longer will Mike stand by and let Kevin Rollins run his company into the ground? Dead man walking...

    ----------------------------------------------- CNET Jan 2005 -- Dell Chief Executive Kevin Rollins is dismissing the iPod as a "fad" and a "one-product wonder" and claiming the new Mac Mini won't dent the PC market.

  1. Clive

    Mac Enthusiast

    Joined: Jan 2001

    0
    05/03, 10:45pm | report spam | Reply |

    Stupid

    Comments like this are just stupid. Apple's shares are over valued - but this is a cause for celebration somehow? When Apple starts shipping as many units as Dell in a quarter, then start celebrating. Right now it's just fake.

  1. aristotles

    Grizzled Veteran

    Joined: Jul 2004

    0
    05/03, 11:53pm | report spam | Reply |

    Re:Stupid

    Uh, clive, this is the market cap or rather the value of the company in terms of their goods and services, not the stock price.

    Dell may ship more copmuter units but Apple generates more "revenue" and "profit". Clueless noobs like you think market share matters more than revenue and profit.

  1. Clive

    Mac Enthusiast

    Joined: Jan 2001

    0
    05/04, 10:31am | report spam | Reply |

    re: stupid

    Aristotles, I think you need to do some research before you start typing next time. Market capitalisation has nothing to do with the value of goods and services that a company offers. It's the sum of the stock price multiplied by the number of shares in circulation.

    I don't care much about market share either way - but it's pointless claiming that Apple is bigger than Dell based on those companies' market capitalisation (and thus stock price).

  1. Bill Carver

    Fresh-Faced Recruit

    Joined: May 2002

    0
    05/04, 01:23pm | report spam | Reply |

    Stupid?

    What is stupid is the Apple Vs. Dell thing with both companies presented as two high school football teams. There's enough room in this world for both of them. As an apple user and stockholder, (And a Dell, and other pc company stockholder) no matter who wins, I win when it comes to finances. It's sort of like donating to both Democrats and Republicans depending on the candidate.

    My basic opinion of both companies. Apple is interested more in delivering a quality experience and quality hardware. According to Consumer Reports, their customer service is rated higher and their real number reliability is higher as well. A lower percentage of Macintosh users will have problems than the percentage of Dell computers. These numbers have to do with hardware failures and not viruses and spyware.

    Dell concentrates on building a reasonable compromise between cheap and quality. You won't get the best of anything, but a whole lot of good enough at a good price and a technician in India named Smiling Bob (from the Enzyte commercials) who's willing to help you 24 hours a day for the time it breaks.

    I wish both companies success. let the games begin.

    Bill Carver http://www.catsRevil.com

  1. cebritt

    Fresh-Faced Recruit

    Joined: Mar 2000

    0
    05/04, 03:44pm | report spam | Reply |

    Overvalued?

    Saying a stock is overvalued is stupid. Apple's stock is up because they are making money. Profits drive stock price not market share. Dell's stock is down because they missed their expectations and their growth is less than HP's. Dell went for market share by selling $300 PCs and now their profits are suffering. Their PCs are average, their tech support is below average, they have zero innovation and they treat their employees like cattle.

  1. Clive

    Mac Enthusiast

    Joined: Jan 2001

    0
    05/04, 04:41pm | report spam | Reply |

    How is it stupid?

    It is over valued because it doesn't represent a good investment - prove me wrong, go and buy some. Apple doesn't pay dividends - at all - so you're reliant on the price rising all the time to get a return on investment.

    The stock is priced many times over earnings, in a mature market, so please, clever person, tell me where the value is?

  1. kaseyha

    Joined:

    0
    05/05, 12:00am | report spam | Reply | delete

    re: stupid and overvalued

    Investing in Apple is a bet on the idea that they will continue to grow the marketshare of the Mac and iPod sales will continue to bring in high levels of revenue. If you are a believer in the "value" of investing in dividend paying companies, with relaitively low P?E ratios, Apple is not a good investment. If you are willing to pay a premium and play a bet on future growth of a highly innovative tech company, then Apple is a good investment. Neither of your opinions is provably correct at the moment, only time will tell.

Login Here

Not a member of the MacNN forums? Register now for free.

 
close
Photo
toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Brother HL-3170CDW LED Printer

We've mentioned before that we are far from a paperless society. For now, at least, there are tasks that require a piece of paper for ...

HTC One

It is hard to overstate just how critically important the HTC One is to the Taiwanese company’s fortunes. Despite its alarming decline ...

Samsung Galaxy S 4

Samsung's new flagship Android smartphone, the Galaxy S 4, faces even stiffer competition than its popular predecessor. With a five-in ...

toggle

Most Commented

 

Popular News