Wow. Sales down by a billion, earnings down 30%. Now they're using the T word -- turnaround -- and saying it could take years. Ouch. Well, give Dell the gold medal. They started a price war and won the race to the bottom. Looked great until everyone else arrived there too. Now what? Hire engineers and try to invent stuff? Look for other markets to commoditize? Like what? Could they move into the auto parts business or something? Open a chain of pizza restaurants? Maybe just shut it down and give the money to the shareholders.
Friday, March 02, 2007
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13 comments:
Yup.. shut it down and return the money to the shareholders.. sounds like a plan to me! :-)
Brilliant. Your best post in a LONG time.
=D
BUUUUUUUUUUUUUUUUUURN!!!!!!!!!!!!
How's that crow taste, Mike?
Hi FSJ,
Are you on vacation or what? Who's writing the blog these days? Some intern at Wired?
I LOVE your blog, but you haven't written anything great since the Negroponte post 2 weeks ago.
Hope you enjoyed your vacation, and kick that intern out.
Everybody's a critic. Thanks pal. I'm working on it.
wow
Touche!
He he, turnabout is fair play!
Funny how things come around, huh? Another good one, FSJ
Way to go! One of your best posts, man!
I know you're not about money or accounting, but nonetheless Apple made more money than Dell last quarter. Bottom line is yours is bigger now. "Market share" and "Revenues" are just terms used by those who are compensating for inadequately sized net profits.
My inner frat boy wants to say "I hear Michael's is as tiny as his margins..." but of course that would be wrong and juvenile.
nice one fsj
ur the best
Ooh, ba-ZING! Dell's offsprings are going to be feeling that one for generations. Nice one, FSJ.
You have got to go and check this place out! Branson vacation is a really cool place to go and visit.
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