Tuesday, January 17, 2006

Job: Michael Dell can't predict the future

This is cracking me up, Okay. I confess that i am no Dell's fan but Steve Job recently is taking a dig at Michael that he do shit at predicting the future. Job seemed to remembered the day when Michael predicted that his Apple will sink before cica 2000 when he was interviewed back in 1997. However today, the outcome was a little different, Apple's stock has soars higher than Dell after 8 years of profits, thanks to iPod actually.

Job wrote the internal email to take a pot shot at Michael to improve the morale. But it's all goes to say, the world is round indeed.

As Apple's stratospheric rise continues, Apple CEO Steve Jobs shared a jab at Dell chairman Michael Dell with employees via e-mail on Friday. The comments are a response to a 1997 comment by Dell, who was asked what he'd do with Apple, then financially struggling and near collapse.

"What would I do?" Dell responded. "I'd shut it down and give the money back to the shareholders." A few weeks later at Apple's official announcement of Jobs' return, with a picture of Dell's face covered by a bull's-eye, Jobs said, "You're in our sights."

On Friday, Apple's market capitalization passed that of Dells. The company is now worth $117.82 ($72.13) billion, versus Dell's $117.56 ($71.97) billion.

Shortly following the market close, Jobs sent an e-mail to employees, showing he hadn't forgotten Dell's comments nearly eight years later.

"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."

Dell was not returning requests for comment.




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