Saturday, August 13, 2011

Apple The Most Valued Company

10-Aug-2011 is a very special day. For the first time Apple became the most valued company in the world. What a story over the last 12 years. A fairy tale. Steve Jobs has played the best second innings in the history of business. People typically start a business and grow with it. No one starts a great business then leaves it and then comes back to rescue the business from the brink and takes it to the top. Its not just great. Its Divine.

Lets take a moment to reflect. Year 1997. Apple was struggling to survive. They got Steve back as an interim CEO. Michael Dell the legendary CEO of Dell Computers when asked to prescribe a solution suggested that Apple be shut down and money returned to Share Holders.

Steve wrote a jocular email to Apple employees, in Jan 2006 when Apple Market Value raced past that of Dell asking them to take a pause and reflect. If there ever was Poetic Justice...

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