28 Feb '12, 6am

Dell is more than just a PC company, says its CEO Michael Dell

SAN FRANCISCO - Dell launched a new line of servers for enterprise customers, boosting its corporate business unit and shifting its focus further away from consumers, who are increasingly choosing such devices as Apple iPad. Chief executive Michael Dell said his namesake company is no longer a personal computer company and has transformed itself into a business that sells services and products to corporations, a lucrative market that he said is worth US$3 trillion (S$3.8 trillion). Corporations have grappled with ever-smaller IT budgets as slow economic growth curtails spending. But many experts say tech spending will swell over the long term as companies upgrade systems, connect to the Internet cloud, or begin to make better use of user data. Dell's so-called enterprise business has doubled in the past five to six years and now represents half of the company's profit, he ...

Full article: http://www.todayonline.com/TechandDigital/EDC120228-00001...

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