For the delayed logistic equation x n+1 = ax n (a − x n−1 ) it is well known that the nontrivial fixed point is locally stable for 1 < a ≤ 2, and unstable for a > 2. We prove that for 1 < a ≤ 2 the fixed point is globally stable, in the sense that it is locally stable and attracts all points of S, where S contains those (x 0 , x 1 ) ∈ R 2 + , for which the sequence {x n } ⊂ R + . The proof is a combination of analytical and reliable numerical methods.