Michael Dell Talks His Book (DELL)
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…
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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.
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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.