Register Guidelines E-Books Search Today's Posts Mark Forums Read

Go Back   MobileRead Forums > E-Book General > News

Notices

Reply
 
Thread Tools Search this Thread
Old 02-05-2013, 10:00 AM   #1
HarryT
eBook Enthusiast
HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.
 
HarryT's Avatar
 
Posts: 63,126
Karma: 41205449
Join Date: Nov 2006
Location: UK
Device: PW2, iPad Retina Mini, iPhone 4, MS Surface Pro, Onyx T68, N7,
Michael Dell buys.. Dell

BBC News are reporting that Michael Dell has bought Dell Computers and taken it off the stock market, in a deal worth a reported $24.4bn. I wonder what the motivation for that was? To bring it back under his personal control, perhaps?

EDIT: Story now up on the news site:

http://www.bbc.co.uk/news/business-21342632

Last edited by HarryT; 02-05-2013 at 10:03 AM.
HarryT is offline   Reply With Quote
Old 02-05-2013, 10:09 AM   #2
pl001
Evangelist
pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.pl001 ought to be getting tired of karma fortunes by now.
 
Posts: 447
Karma: 4818038
Join Date: Dec 2010
Device: Nook, Nook Color, EVO3D, Surface RT, Galaxy S5
Interesting. My first new computer was a Dell back in the 90s. What a different experience back then. Here's to hoping Dell gets back to its roots.
pl001 is offline   Reply With Quote
 
Enthusiast
Old 02-05-2013, 10:14 AM   #3
murraypaul
Interested Bystander
murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.
 
Posts: 3,224
Karma: 10210627
Join Date: Jun 2008
Device: Sony PRS505, Nook Color(CM7), iPad3
Quote:
Originally Posted by HarryT View Post
BBC News are reporting that Michael Dell has bought Dell Computers and taken it off the stock market, in a deal worth a reported $24.4bn. I wonder what the motivation for that was? To bring it back under his personal control, perhaps?
To put it in perspective it is hardly that he has personally bought it, but he is the visible face of the deal. Motivation to keep it from going under and losing the entire value of his ~14% existing stake.

Last edited by murraypaul; 02-05-2013 at 10:17 AM.
murraypaul is offline   Reply With Quote
Old 02-05-2013, 11:39 AM   #4
wizwor
Guru
wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.
 
wizwor's Avatar
 
Posts: 980
Karma: 21057283
Join Date: Nov 2011
Device: kindle, fire
I love this and will be watching carefully. This may be a new model for innovative companies -- raise venture capital to launch a new idea, buy back the stock, and go private.

In my unschooled opinion, this is the cure for stock market speculation. With a majority of the stock held by true fans of the company, the management team can focus on company and products rather than stock price. For the same reasons, I'd love to see these companies reward stockholders with dividends -- a share of the success -- instead of price growth.

Good luck Michael Dell. I look forward to buying a Dell computer that is not built for accountants.
wizwor is offline   Reply With Quote
Old 02-05-2013, 11:52 AM   #5
Penforhire
Wizard
Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.
 
Posts: 2,085
Karma: 6830420
Join Date: Nov 2007
Location: Southern California
Device: Kindle PW, PRS-650, iPhone 4, iPad 4
This has been coming for quite a while now. I wish him well.

Dell tried hard in the past to be innovative, all the way back to Windows CE phones. They were not successful. I wonder what he thinks he has up his sleeve now? I still respect their business class laptops but I don't see wild success in their future.
Penforhire is offline   Reply With Quote
Old 02-05-2013, 12:08 PM   #6
daffy4u
I'm Super Kindle-icious
daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.daffy4u ought to be getting tired of karma fortunes by now.
 
daffy4u's Avatar
 
Posts: 6,729
Karma: 2429021
Join Date: Apr 2008
Location: Long Drive, Calinadia Candafornia
Device: K1, KTSO, KFHD7, KPW1
I still own 2 Dells, a 1420 laptop (used a a media server now) and a 530 desktop both purchased in 2008 and still running strong. I also own some stock in Dell so I'll be waiting for my check Mr. Dell.
daffy4u is offline   Reply With Quote
Old 02-05-2013, 12:32 PM   #7
Catlady
Wizard
Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.Catlady ought to be getting tired of karma fortunes by now.
 
Catlady's Avatar
 
Posts: 2,788
Karma: 7682614
Join Date: Oct 2010
Device: jetBook Lite, Libre Color
Quote:
Originally Posted by daffy4u View Post
I still own 2 Dells, a 1420 laptop (used a a media server now) and a 530 desktop both purchased in 2008 and still running strong. I also own some stock in Dell so I'll be waiting for my check Mr. Dell.
My first computer was a Dell, and except for my ASUS netbook, I've bought Dell ever since. My first flat-screen TV was even a Dell. I've never had any major problems, and small problems were always rectified promptly.

I also have a few shares of stock in Dell, and I'm not too happy about the $13.65 price, but, oh well.
Catlady is offline   Reply With Quote
Old 02-05-2013, 12:38 PM   #8
pdurrant
The Grand Mouse
pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.pdurrant ought to be getting tired of karma fortunes by now.
 
pdurrant's Avatar
 
Posts: 31,167
Karma: 86241230
Join Date: Jul 2007
Location: Norfolk, England
Device: NOOK ST GlowLight
Interesting that Dell has taken his own advice to "shut it down and give the money back to the shareholders."
pdurrant is offline   Reply With Quote
Old 02-05-2013, 01:00 PM   #9
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 7,444
Karma: 58178065
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: PRS-T1, KT, PB701/IQ, K2, PB360, BeBook One, Axim51v, TC1000
Dell came back as CEO after the company went off the rails without him. By taking it private again he can now run the company as if it were once again a start-up. Considering the investors he lined up to raise the US$20B worth of money for the buyback he must have a convincing story to tell.
Hopefully it will work; in his day Dell was a very consumer-friendly company that made good PCs at good prices.
fjtorres is offline   Reply With Quote
Old 02-05-2013, 01:49 PM   #10
morriss003
Evangelist
morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.morriss003 ought to be getting tired of karma fortunes by now.
 
morriss003's Avatar
 
Posts: 437
Karma: 3409790
Join Date: Feb 2009
Location: Maui
Device: kindle
According to CNBC, total PC sales dropped last year, the first time that has happened since the PC was introduced.
morriss003 is offline   Reply With Quote
Old 02-05-2013, 01:55 PM   #11
wizwor
Guru
wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.wizwor ought to be getting tired of karma fortunes by now.
 
wizwor's Avatar
 
Posts: 980
Karma: 21057283
Join Date: Nov 2011
Device: kindle, fire
Define total PC sales. I contend that this includes desktops, laptops, and tablets. Given this definition, sales are up.
wizwor is offline   Reply With Quote
Old 02-05-2013, 02:01 PM   #12
EowynCarter
Wizard
EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.EowynCarter ought to be getting tired of karma fortunes by now.
 
Posts: 4,054
Karma: 1587624
Join Date: Oct 2008
Location: Paris
Device: Cybooks; Sony PRS-T1
PC are losing market to tablets and laptop, but for games and productive stuff, they'll stay.
EowynCarter is offline   Reply With Quote
Old 02-05-2013, 02:28 PM   #13
Sil_liS
Wizard
Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.Sil_liS ought to be getting tired of karma fortunes by now.
 
Posts: 4,739
Karma: 33488570
Join Date: Oct 2010
Device: PocketBook 903 & 360+
Well, I bought a laptop from Dell a year and a half ago and I get ads form Dell. The one that I've received yesterday was about this:



Maybe Microsoft thought that this system will be good to show off Windows 8.
Quote:
The buy-out of the remaining shares will be carried out by a consortium made up of Mr Dell himself, his own investment fund, and Silver Lake. It will be financed by loans from four banks, and by a $2bn loan from Microsoft.
Sil_liS is offline   Reply With Quote
Old 02-05-2013, 04:10 PM   #14
SeaKing
Frequent Flier
SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.SeaKing ought to be getting tired of karma fortunes by now.
 
SeaKing's Avatar
 
Posts: 1,282
Karma: 2058837333
Join Date: Oct 2011
Device: KB kindle aboard, Galx Tab 7.0 Plus, trying out Droid 1 as mini-tab
I have bought several Dells. This one I am on now is the last that still runs. A desk top over 10 years old. I have added to it and maxed out its capability, though there is a possibility of upping the CPU by 10 to 15% or so. For now though I consider this a niche computer. Not very fast for video and not able to easily handle huge website pages like the new radar online.

But the machine just runs and runs. Usually on 24x7.

Dell tried to do other things and spent a lot of bucks.
Lost a lot of money on TVs and Household integration. Makes it interesting as we watch to see what Apple will do with TVs.

They had some good PDAs. I know people that still run them.

It will be interesting.
SeaKing is offline   Reply With Quote
Old 02-05-2013, 04:28 PM   #15
DuckieTigger
Wizard
DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.DuckieTigger ought to be getting tired of karma fortunes by now.
 
DuckieTigger's Avatar
 
Posts: 1,339
Karma: 24868416
Join Date: Dec 2011
Device: Kindle Paperwhite
Maybe it will start a trend of more Silicon-Valley companies going private. Have to see how Dell is doing now financially. Except we can't actually see any more how they do financially. They can do whatever they want now. As long as they make 1$ profit a year (after all expenses), they do good. Any more is just a plus. Beeing private they can afford to do that.
DuckieTigger is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Dell Streak 7 lglake Feedback 2 07-24-2011 08:11 AM
Dell Streak for $199 no contract from Dell. travfar Android Devices 6 03-22-2011 10:35 AM
The Dell Streak PDowns News 10 08-13-2010 11:47 PM
Anyone using the Dell Streak? HansTWN Android Devices 3 07-12-2010 09:19 PM


All times are GMT -4. The time now is 10:46 PM.


MobileRead.com is a privately owned, operated and funded community.