Some things good, others bad
Last modified on Sunday, 02 December 2007 20:06
Hardware maker Dell's recovery plan is being treated with mixed enthusiasm by analysts. CEO and founder, Michael Dell, and Chief Financial Officer, Don Carty, plan to continue restructuring and will announce more layoffs.
Dell will focusing on five key markets and products, including hardware for consumers, software and other products for small and mid-size businesses, and lucrative business software services, where Dell manages other companies' computer systems.
However, analysts note that Dell has played down enthusiasm for what will be its fourth quarter results, and the date that things will get better keeps drifting further into the future. Other analysts describe Dell as a gigantic ship, and that it takes forever for moves to really start having an impact. They praise Dell for making the right initial decisions.