Dell walks away: HP wins 3Par for $2.4 billion
Hewlett-Packard officially won storage vendor 3Par after Dell declined to match a $33 a share, or $2.4 billion, bid.
Hewlett-Packard officially won storage vendor 3Par after Dell declined to match a $33 a share, or $2.4 billion, bid.
Dell's major business units---public sector, large enterprise, small and medium business and consumer---suffered double digit sales declines in the first quarter as net income fell 63 percent from a year ago.For the first quarter ended May 1, Dell reported earnings of $290 million, or 15 cents a share, on revenue of $12.
Notable headlines:Mary Jo Foley: More tech details emerge on Microsoft's 'Midori'What if Apple had conducted the 'Mojave Experiment'?
On this week's EIC squared podcast Dan and I assess Dell's MP3 player trial balloon, Vista's Mojave experiment and the broadband wars and whether any of the big players can actually win.First up, Dell floated a trial balloon in the Wall Street Journal today and the general idea is this: Dell is going to try and launch a music player again--this time with software as its big selling point.
Dell's quarter highlighted strong enterprise and SMB demand. The company also saw strong revenue growth for storage and server and networking.
Adobe CEO Shantanu Narayen was appointed to Dell's board of directors.Dell said in a statement that Narayen will replace Bank of America executive Sallie Krawcheck.
If you call Dell's customer service department you'll be on hold one-third as long as you would have been this time last year. Tucked away--actually second to last paragraph--in Dell's earnings release was a tidbit on the customer service.
Dell's second quarter earnings were down 23 percent from a year ago, but topped Wall Street estimates. The company continues to bet on an enterprise refresh cycle in 2010 and sees ongoing signs of stabilization.
Does Dell stand a chance in China? Yes. Why? Ron Garriques, Dell's president of the global consumer business, used be Motorola's main man in China. Garriques helped launch the Motorola MOTOMING touchscreen device in China back in 2006.
Dell updated its Compellent systems and bolstered its storage lineup.