Daily Archives: January 28, 2013

It is ironic that both Dell and Apple shared big news last week.

Back in 1998 Michael Dell, then the crown prince of the personal computer industry, recommended that Steve Jobs shut down Apple, which was in dire shape, and distribute the proceeds to shareholders. By contrast, reflecting the turmoil now afflicting all PC makers, Mr Dell is negotiating to borrow money to make his company disappear from public view. Apple, meanwhile, announced that its shareholders would receive a Valentine’s day dividend of $2.5bn – a tiny portion of its $137bn cash pile.

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Amazon chief executive Jeff BezosMicrosoft recently opened a store near my home in the San Francisco Bay Area, marking the occasion with a concert in the car park by Kelly Clarkson, the first American Idol talent show winner, and an appearance by a famous American football player – Jerry Rice of the San Francisco 49ers. I had not seen such a local commotion since another famous football player, George Best, opened a fish-and-chip shop in my home town near Manchester around 1970. All this fuss, just for piles of boxed copies of Windows, I thought.

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