Barron’s Inc. Says Dell may be past its best days
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The best days of personal computer maker Dell Inc. may be behind it, financial weekly newspaper Barron’s Inc. wrote in its November 7 edition. Is anyone really shocked by this? Prices are decreasing and the need for new hardware is in a lull, but Legit Reviews has a feeling that might change a bit when Windows Vista comes out.
Following the news that the company on November 1 had lowered its third-quarter revenue forecast, the paper noted “Dell’s revenue growth has now slowed for seven quarters in a row.” The Round Rock, Texas-based company’s shares closed on Friday at $29.76 on Nasdaq, down 6.6 percent from a $31.88 close the day before it cut its revenue target.
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