Telecom & Wireless

Dell Ditches a Business It Never Really Entered

Dell HQ
courtesy Dell Inc.
At its Dell World conference in Austin today, Dell Inc. (NASDAQ: DELL) confirmed that the company is no longer in the smartphone business. At least smartphones using the Android operating system from Google Inc. (NASDAQ: GOOG).

The company’s vice-president of global operations was pretty direct:

We’ve been really clear about smartphones – we’re not going to do smartphones. We’re not going to be in the smartphone hardware business. We’re going to provide smartphone solutions, we’re going to be the preferred BYOD [bring your own device] provider of solutions in the marketplace.

The company means that it will now focus on developing touch-enabled devices that use the Windows 8 and Windows RT operating systems from Microsoft Corp. (NASDAQ: MSFT). Dell already has three Windows-based tablets out in the world, but sales have been disappointing. Of course, sales of Microsoft’s own Surface tablets have also been disappointing.

From a five-year high of more than $25, Dell trades today at $10.48 in a 52-week range of $8.69 to $18.36.

Paul Ausick

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.