If you thought Dell were going to be moving away from the consumer space in the midst of their effort to go private, don't worry - Michael Dell has your back. The company founder said there's no reason to worry in a company memo that Dell published through the SEC.
Dell has said to his employees that the company will "significantly increase investment" in PCs and tablets once they go private. He hasn't exactly laid out the company plans on the table, but he has said that there will be a shift away from valuing gross margins, which is a great thing. This means that the company won't take in as much profits, but they'll want to drive sales of their products in other ways - experimentation, marketing, pushes into developing markets, and more.
Last updated: Jun 16, 2020 at 04:29 pm CDT
- > NEXT STORY: Apple planning to expand Siri based on 12 new job postings
- < PREVIOUS STORY: LG have sold 500,000 Optimus G Pro smartphones in South Korea in just 40 days