Michael Dell reclaims Dell CEO throne, Dell 2.0 begins by ZDNet’s Larry Dignan — Michael Dell is CEO again of his namesake company. Kevin Rollins is out. Why? The company is going to have another earnings miss. Dell said it “expects its fourth quarter fiscal year 2007 results to be below the average of First Call estimates for both revenue and earnings per share.” According to Thomson Financial, Dell is projected to report fourth quarter revenue of $15.3 billion and earnings of 32 cents a share. For the year, Dell is expected to report revenue of $58 billion and earnings of $1.17 a share.
Dell’s biggest issue is that its manufacturing prowess isn’t the edge it used to be. And Dell doesn’t spend enough on research and development to truly innovate. As a result, Dell is mired in a commodity hardware game. That game plan was fine when rivals were inefficient, but HP can now squeeze Dell on price. What should Dell do? That’s the topic for a subsequent post on this blog.
As we rapidly consume days of this new year, and the time available reduces for many of the plans made for 2007, here’s a quote from from W.H. Murray:
“Until one is committed, there is hesitancy, the chance to draw back, always ineffectiveness. Concerning all acts of initiative and creation, there is one elementary truth the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then providence moves too. All sorts of things occur to help one that would never otherwise have occurred. A whole stream of events issues from the decision, raising in ones favor all manner of unforeseen incidents, meetings and material assistance which no man could have dreamed would have come his way. I have learned a deep respect for one of Von Goethe’s couplets: ‘Whatever you can do, or dream you can, begin it! Boldness has genius, magic, and power in it.'”
–W.H. Murray, the Scottish Himalayan Expedition Continue reading
“There is no such thing, at this date of the world’s history , in America, as an independent press. You know it and I know it. There is not one of you who dares to write your honest opinions, and if you did, you know beforehand that it would never appear in print. I am paid weekly for keeping my honest opinion out of the paper I am connected with. Others of you are paid similar salaries for similar things, and any of you who would be so foolish as to write honest opinions would be out on the streets looking for another job. Continue reading