April 1, 2013

Dell says PC Business in Danger from Poor Windows 8 Sales, Low Revenue

Xs08-30_13-27-56g1020_large

While some Dell investors have taken issue with CEO Michael Dell's proposed plan to take his company private, an SEC filing has revealed some compelling reasons for investors to think twice about protesting the move. As noted by Forbes, a filing dated March 29th includes a lengthy section where Dell outlines the "risks and uncertainties" related to continued ownership of the company's stock — it's essentially a laundry list of how the consumer tech market has changed and how it hasn't quite managed to keep up.

Difficulties that Dell notes in its filing include:

  • "...decreasing revenues in the market for desktop and notebook PCs and the significant uncertainties as to whether, or when, this decrease will end..."
  • "...the overall...

Continue reading…

Read more at The Verge