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DELL has faced stiff competition from Apple and the tablet computer. |
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Released on Tuesday, August 7, 2012, 5:45 AM ET
Pittsburgh, PA (SpeculatingStocks) - In the world of computers, there are at times rapid shifts in technology and platforms that can cause even the best companies to be caught off guard. With the release of the iPad by Apple, a new platform arose, the tablet computer.
The tablet computer has moved casual PC users from sitting at a desk to all over the place with the amazing form fact of the iPad. Dell, Inc. (NASDAQ:DELL) has yet to catch up to this change.
DELL revenue was virtually flat from fiscal 2011 to 2012. However, profit did rise for DELL from $2.63 billion in 2011 to $3.49 billion in 2012. Their balance sheet is not impeccable with total assets to total liabilities at a 1.27 to 1 ratio as of last quarter.
An insider recently, on Aug. 3rd, sold approximately 800k in DELL shares. This is not a great sign. Overall, DELL has moved sideways since gapping down towards the end of May.
It doesn't appear that there is much investor interest in DELL shares. DELL faces an uphill battle at best. The company really needs to reinvent itself. The once king of the customizable PC is losing some of its luster.
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