Cloud computing is no longer a state-of-the-art paradigm, but an alternative to a growingly powerful and established technology with even more advancements materializing in …
Dell Inc., the largest PC manufacturer in the world, is currently facing a losing battle in the post-PC era of smartphones and tablets. The slump in demand for PCs has grown year-on-year and affected first-quarter profit of the company.
While the game is getting harder, Blackstone Group is rumored to have pulled out of a race for a Dell acquisition. Certainly, the good news on the matter has cheered up the remaining participants of the aggressive and ruthless bidding for iconic Dell Inc.
On the 5th of March, Southeastern Asset Management Inc., which happens to be Dell’s largest long-term shareholder, requested Dell Inc.’s stockholder list in an official paper sent to the company’s board of directors. The letter disclosed that the $24.4 billion proposed buyout conducted by Dell CEO Michael Dell and Silver Lake reflected the weak position of the company.
Microsoft Corp., the software giant, considers the $3 billion investment in Dell Inc. which happens to be the world’s third largest PC maker. However the stake purchase might be risky as it could lead to denting the relations between the software giant and PC computer makers. The situation is rather tense as relations have already been affected by the 2012 launch of the Microsoft Corp.’s tablet. Analysts underline the possibility of the emergence of new misunderstandings between Microsoft Corp. and its partners.
Dell Inc. revenue and income dropped in the second quarter. As a result of weak results Dell decided to cut its third-quarter and full-year profit outlook. Currently customers are reducing their spending on computer purchases as they are waiting for the introduction of Microsoft’s Windows 8 Software. But Dell is not the only one affected by the decreasing trend; the whole PC business continues to struggle as a sluggish economic recovery immerges demand for personal computers.