This Tech Turnaround Is Diving Today
The following video is part of our "Motley Fool Conversations" series, in which technology editor/analyst Brenton Flynn discusses topics across the investing world.
Dell is falling hard and fast today after putting up disappointing first-quarter numbers yesterday and slashing second-quarter guidance. The company kept its full-year expectations intact for now, but following these results it's probably just a ploy to avoid lowering numbers multiple times in one year. Dell is facing tough secular headwinds in its legacy PC business while at the same time trying to create a competitive IT services offering to compete with more established players such as IBM and Hewlett-Packard. While early indications suggest Dell has found solid footing in the small- and medium-business market, pushing further into the large enterprise will take time and poses a lot of risks along the way.
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