Product of Norm of Vectors

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I have a simple question ...

Consider two vectors of same length $\mathbf{x}$ and $\mathbf{y}$. This identity holds:

$|\mathbf{x}'\mathbf{y}|$ $\leq$ $\|\mathbf{x}\|$ $\|\mathbf{y}\|$

Then is should follow that: $\mathbf{x}'\mathbf{y}$ $\leq$ $\|\mathbf{x}\|$ $\|\mathbf{y}\|$

Right?