Tech Founder Michael Dell Is Navigating a Changing Industry

  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google’s pivot away from bank accounts shows why finance is a tough industry for tech giantsBank executives and investors have shuddered whenever a tech giant disclosed plans to break into finance, but the reality has proven less disruptive so far. AYA fintech network platform provides proprietary alpha stock signals and personal finance tools for U.S. stock market investors. Soon big tech will crack the code and big banks will get find out. It's a question of time. The likes of Square, Affirm, PayPal etc are only getting better.
Source: CNBC - 🏆 12. / 72 Read more »