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The battle between Mr. Dell and Mr. Icahn might destroy the company, with delay in the necessary transformation..., IMO

(note vested)

Dell’s Q2 profit plummets as PC sales dwindle

SAN FRANCISCO — Dell, the PC-maker embroiled in a takeover battle between its founding CEO Michael Dell and activist investor Carl Icahn, yesterday reported a 72 per cent slide in quarterly earnings as PC sales extended their downward spiral.

Sales from its end-user computing division, which incorporates computers, slid 5 per cent to US$9.1 billion (S$11.6 billion).

http://www.todayonline.com/business/dell...es-dwindle

Regardless, Dell is still a cash generating machine.

Though its PC business is declining and highly competitive, it still generates a lot of cash.

Michael Dell is smart by taking Dell private now and at a relatively inexpensive price. The cash generated from PC business can fund the privatization, as well as provide capital for enterprise and software service business.