Dell posted first quarter sales, earnings, second quarter revenue guidance — you name it — well short of expectations Tuesday, sending shares of the Round Rock, Texas technology company were down more than 12% in after-hours trading.
Maybe they could bring back the Streak.
Reuters:
As Apple’s third-generation iPad went on sale on Friday, accompanied by the now traditional scenes of fans queuing round the block , Dell’s chief commercial officer Steve Felice said the tablet market was still wide open.
I kid you not, I actually laughed out loud reading this. How many times does Apple have to lay the smackdown on Dell before they finally go away.
Shares of Dell Inc fell more than 7 percent in premarket trading on Wednesday, after the world’s No.3 personal computer maker forecast weak sales for the current quarter.
Arik Hesseldahl, for AllThingsD: For the full year, HP saw its shipments fall by nearly 5 percent; Dell’s fell by more than 8 percent; and Acer’s fell 30 percent in the U.S. So who grew? Apple. It saw its shipments … Continued
Reuters:
The once-dominant corporation founded by Michael Dell has seen a growing crop of tablets and smartphones entice consumers away from PCs. But Dell learned from the hastiness of some of its peers and understands better now how consumers value the “ecosystem” of a tablet as much as the hardware, chief commercial officer Steve Felice said.
Good that Dell finally realized what Apple knew for years — ecosystem counts.