S&P 500
7,498.00
-0.14%
Dow Jones
52,249.40
+0.01%
Nasdaq 100
29,012.40
-0.40%
Russell 2000
2,977.27
-0.16%
FTSE 100
10,719.70
+1.09%
Nikkei 225
66,226.20
-1.43%

Investing

Michael Dell Talks His Book (DELL)

Photo of Paul Ausick
By Paul Ausick Published

Dell Inc. (NASDAQ: DELL) CEO Michael Dell told Bloomberg News that the company is doing well in the global PC market. The company’s sales grew by 7.8% in the fourth calendar quarter of 2011 according Gartner, and Michael Dell thinks that the growth is sustainable:

Certainly there are plenty of challenges in Europe and the U.S. to work through, but to stay competitive businesses and industries need to have the latest tools. I feel very good about our strategy to continue to grow earnings even in a somewhat challenging environment.

PC sales have been hit by disk drive shortages due to floods in Thailand, and a surge in purchases of tablets and other mobile devices.

Contact [email protected] for any questions or corrections.

Follow 24/7 Wall St. on Google
Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Jon C. Ogg |

Could Dell Really Go Private? (DELL, HPQ, AAPL)

Dell Inc. (NASDAQ: DELL) is a lost company by the count of many investors.  Gone are the hay-day gains of…

Douglas A. McIntyre |

Dell Shares Join The Hit List (DELL, INTC, AAPL, HPQ, IBM)

We had an interesting ticker on the 52-week low club this morning right after the open: DELL.  Dell Inc. (NASDAQ:DELL)…

Jon C. Ogg |

What If Michael Dell Doesn’t Really Want to Buy Dell? This Could Be “The Dell Put!”

ThinkstockThe proposed management-led buyout of Dell Inc. (NASDAQ: DELL) is far from being without controversy. When the deal was still…

Jon C. Ogg |

Dell Beats on Top Line, but Sales and Guidance Disappoint

Dell Inc. (NASDAQ: DELL) has reported its quarterly earnings and the results are not exactly driving the initial interest the…

Douglas A. McIntyre |

Icahn Offer for Dell Increases Investor Risk

courtesy Dell Inc.Carl Icahn and partner Southeastern Capital Management will offer Dell Inc. (NASDAQ: DELL) stockholders two alternatives, if their…

Douglas A. McIntyre |

Dell Takeover Share Price Hits Ceiling as Rivals Falter

The standoff over the future ownership of Dell Inc., with Carl Icahn and his allies on the one side and…

Paul Ausick |

Dell Earnings Likely Slammed by Sour Computer Market

courtesy Dell Inc.When Dell Inc. (NASDAQ: DELL) reports earnings after markets close today, no one is expecting much. The company…

Douglas A. McIntyre |

If Dell (DELL) Says Business Is Good, Someone Else’s Is Not

In an interview with BusinessWeek, Dell (DELL) founder, chairman and CEO Michael Dell said that the company’s turnaround efforts are…

Douglas A. McIntyre |

Dell (DELL) Taps Sovereign For Something More Than Money

Hand it to Michael Dell. His company, Dell (NASDAQ: DELL) is in talks with the sovereign fund in Dubai to…

Top Gaining Stocks

Western Digital
WDC • Vol: 7,449,136
Micron Technology
MU • Vol: 49,366,087
Teradyne
TER • Vol: 4,004,938
Seagate Technology
STX • Vol: 6,062,855
Coinbase
COIN • Vol: 13,677,147

Top Losing Stocks

Danaher
DHR • Vol: 28,098,194
MSCI
MSCI • Vol: 2,010,247
Coterra Energy
CTRA • Vol: 73,319,495
Tyler Technologies
TYL • Vol: 671,631
Halliburton
HAL • Vol: 34,081,300