Revisiting Dell's famous prescription for Apple, 15 years later

By Philip Elmer-DeWitt
February 5, 2013

“What would I do? I’d shut it down and give the money back to the shareholders” — Michael Dell, Oct. 6, 1997, when asked what he would do if he ran Apple.

On Tuesday, Dell entered into an agreement with Silver Lake to acquire Dell AAPL , the company he founded in 1984, for $24.4 billion.

AppleĀ  AAPL , despite the drubbing its share price has taken, is currently valued at $417 billion.

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