From Reuters by Ben Berkowitz | February 5, 2013
Michael Dell, the brash Texan who established this company from a Texas University dorm is planning a buy out of the publicly traded Dell, to make it private. Once private, Dell can concentrate on running the company, which is unlikely in a public company.
The company it was said embarking on a new chapter.
He once scoffed at Steve Jobs when Apple was floundering, suggesting it was better off shuttering Apple and returning the stockholders money. When he left the company earlier in 2004 to the reins of CEO Kevins Rollin, the sales started to Dive. He regained control of the company in 2007 but still the trend was unstoppable. It lost market share to rivals Lenovo and HP. But even HP and other computer manufacturers are in disfavor of the customer, with many favoring tablets and smartphones. It is an area where Dell has taken little tentative steps. (Apple decided boldly to join the mobile market with iPhone and now Dell is behind)
Its share of the market at the end of 2012 slipping from 12% to a mere 10%
Can Michael Dell do that turn around if he stays in that market?
Is he still in with the changes at the macromarket?
What will be new and exciting chapter for Dell?
Will the financial markets/private investor support him? Why are there news of stockholder revolt?
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