28 April 2006

Apple Market Cap Ahead of Dell Again

While the big financial IT story of today is Microsoft's loss of $30bn in value (equal to one half of an Apple or a Dell), Apple has crept up and has again as of this moment (slightly before close) exceeded Dell's market cap at around $60bn. It managed this feat earlier in the year before dropping quite significantly from a high of $86.

This time seems to be a combination of Dell's recent disappointing marketshare losses, and perhaps recent comments by Steve about not being interested in a bigger role at Disney and about Apple's great products coming soon.

While again this may be a temporary phenomenon, I think we'll see the two companies trading close together for a longer period than last time.

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