Wednesday, January 23, 2013

Michael Dell, founder of Dell Computer, speaking of Apple:

Circumstances of origin: During a speech Dell made before thousands of attendees at Gartner’s Symposium and ITexpo97 on October 6th, 1997.
Why it’s notable: Apple was in such dire straits in the late 1990s that you can make the case that the mail-order magnate’s recommendation that the company be shuttered was the most rational analysis of the situation. Or at least that it was merely a more extreme expression of the widespread expectation that Apple would be bought out by a mighty tech company such as Sony or Sun. Virtually nobody would have believed you if you’d laid out a scenario in which it would become the most influential company in entertainment distribution, wireless phones, and technology retailing–and achieve a market cap worth six times that of Dell.

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