Apple’s stock price went up 12% last week. The keynote was a big boost for Apple’s stock and this had everything to do with the new hardware and software that was announced.

I had a great laugh about the e-mail Steve Jobs sent to his staff. This is what it said:

“Team, it turned out that Michael Dell wasn’t perfect at predicting the future. Based on today’s stock market close, Apple is worth more than Dell. Stocks go up and down, and things may be different tomorrow, but I thought it was worth a moment of reflection today. Steve.”

This “moment of reflection” was a reaction to what Michael Dell said at a big technology conference in 1976 when Steve returned to Apple. The question for Michael was: “What should be done to save Apple?” Michael Dell said: “I’d shut it down and give the money back to the shareholders.”

I have only one thing to say: “Thank God Steve Jobs was the CEO of Apple!”

Tags: steve jobs, apple stock, shareholder, michael dell, 1976