Dell to Sell Itself for $24.4 Billion
online.wsj.com
online.wsj.com
Remember when Dell told Steve Jobs that he should close shop? http://news.cnet.com/2100-1001-203937.html
Your turn, Michael.
Let's see if you can turn Dell around like the way Steve Jobs turned Apple around!
I certainly wouldn't want to say that shutting down and giving the money back to shareholders was a terrible idea because Apple was going to successfully disrupt several different consumer markets where everyone gave them no chance AND was going to reinvent its own supply chain management.
In hindsight, shutting down and giving money back to investors was probably the second-best outcome after the outcome of performing one of the greatest business comebacks in history. Had they stayed the course and continued to do what they were doing when he said that, they'd have Blackberry'd themselves.
JM2C, obviously, and as an Apple fan I'm delighted they didn't follow that advice, for the same reasons I'm delighted they didn't sell themselves to Sun for $24 a share way back when, even if that was a substantial premium over their $18-or-whatever stock price at the time.
https://www.google.com/search?q=Dell%20to%20Sell%20Itself%20...
[1] - http://goo.gl/TfUlG
To avoid that, they have a deal with a number of paywalled sites called "First Click Free" that lets users who reach a site via search to access a limited number of articles through the paywall.