Michael Dell, CEO and founder of one of the world’s largest PC companies, expects that the Chinese market will remain hot, according to quotes attributed to him by Reuters. “We are bullish on markets like China, India, Brazil,” the chief executive of Dell (NASDAQ: DELL) said. His optimism about emerging markets may be misplaced. Ample evidence suggests that traditional growth rates in these countries has slowed, and slowed considerably.
At the same time, more consumers have turned to smartphones and tablets for computing needs. Growth challenges and new technology have battered Dell, which has been unable to lift earnings partly because it has no smartphone products. Emerging markets, which do not hold the promise that they did before the recession, will not cure the lack of Dell products.
Douglas A. McIntyre
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
