Tech Founder Michael Dell Is Navigating a Changing Industry

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The pandemic is the latest challenge and opportunity for Michael Dell, the personal computing veteran, in a career that began in the 1980s

A decade ago, the rise of smartphones and tablets seemed to spell doom for the Dell computer company, which had tried to enter both markets without success. By 2012 Dell’s market share for PCs had eroded to just over 10%, and its share price had sunk below $9, from around $30 in 2007.

“I felt abandoned by the public shareholders,” admits Michael Dell, the company’s founder and CEO, in his new autobiography, “Play Nice But Win,” published next week. But Dell’s historically low stock price also offered a silver lining. With help from Silver Lake, a private-equity firm, in 2013 Mr. Dell paid $24.9 billion to take his company private.

 

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MichaelDell Seeing many books there but it is a past history because we are moving to digital era

Why don't u see their relationship as Reunion of Ethio 🇪🇷Eritrea's as good beginning for the would be peace of East and All of African? Its because ur east African expertise is not genuine and u were the subtle evil instrument of terrorist TPLF!! GO Back to school and learn pro

Why not sell your company now that your shares hasn’t fallen so low; remember what happened to Nokia

We still need laptops, PC and tablets. Dell I wonder if Dell produces smartphones too.

horrible

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Source: CNBC - 🏆 12. / 72 Read more »