https://investors.delltechnologies.com/news-releases/news-release-details/dell-technologies-reports-fiscal-year-2019-first-quarter
7 replies (most recent on top)
time to buy another penthouse. Diversify and invest in real estate.
Hey cut some slack here will ya? the plan is by 2030 the Dell EMC business to be profitable again.
I have been through a disastrous merger before, merger between two large companies (legacy/outdated) is rarely successful and in this case it is accompanied by massive debt. The acquiring company likes to believe they are smarter, they know how to run business, but go ahead and fail. Is there any statistics on success rate of mergers?
Even being reported in Australia
https://www.cio.com.au/article/641952/dell-post-emc-acquisition-debt-could-dampen-future-progress/
Still a lot of reporting about the mountain of debt Dell has: https://www.512tech.com/technology/dell-posts-revenue-percent-lowers-operating-loss/sVPsb8wXM4n1bQCxUafSwI/
Layoffs are expensive
Any idea why Debt has gone up Eventhough dell reported some good numbers?