‘Alternative Mobile Computing Devices’

Dell CFO Brian Gladden, after the company reported another disappointing quarter:

Our notebook business contracted 10% as we saw a more aggressive competitive environment particularly in the entry level and emerging markets. We believe some of the tougher competitive environment can be attributed to channel inventory rebuilding, following the hard disk issues of the past two quarters. In addition, we are seeing more consumer spending diverted to alternative mobile computing devices.

Dell’s market cap closed today at $26+ billion.

Hard to believe this was just six years ago.

Tuesday, 22 May 2012