Dell Inc. said it will float bonds as it raises money potentially for new acquisitions. The company also commented last Tuesday that it might use the money for stock purchases, capital investments and general corporate purposes.
It looks as if Dell is getting ready to make sure it has enough funds to pursue future acquisitions. Just last week, Hewlett-Packard’s (HP) stronger balance sheet enabled it to trump Dell and win storage vendor 3Par, after both companies Dell and HP went into a bidding war that started with Dell offering US$1.15 billion and ended with HP acquiring 3Par for US$2.4 billion.Continue reading “Dell starts raising funds for possible future acquisitions”
Thursday August 19, 2010 – Dell reported a second-quarter profit of $545 million, or 28 cents a share, on $15.5 billion in sales, compared with earnings of $472 million, or 24 cents a share on revenue of $12.8 billion in the same period a year ago.Continue reading “Dell reports second-quarter profit of $545 million”
Earlier this month we wrote about the Dell Streak missing the July 2010 release date. Today, we just learn that the Dell Streak will be available for purchase by pre-sale registrants Thursday, August 12th. General availability follows a day later. By signing up for our email notification, you will be part of an exclusive 24 hour pre-sale opportunity. You can be among the first to own a Dell Streak! You will also be given a FREE upgrade to 2nd Business Day shipping with your purchase of a Dell Streak PLUS an exclusive coupon code for a 99¢ Plantronics Bluetooth Headset with purchase of a Dell Streak.
Update: Here’s a short video from the Dell YouTube channel that provides a quick overview of what you can use Streak for:
Hardware-wise, the Dell Streak features the following:
A sharp 5-inch capacitive multi-touch WVGA (800×480) display for a great full-screen experience watching video or browsing the web
Fast 1GHz Snapdragon ARM-based mobile processor from Qualcomm
5 MP autofocus camera with dual LED flash that offers easy point & shoot capability and quick uploads to YouTube, Flickr, Facebook and more
VGA front-facing camera enables video chat functionality down the road
A user-removable (and replaceable) battery
A 3.5mm headphone jack means many of you can use the Dell Streak as the music source (and more) in your car
It looks like we’ll have to wait a little longer for the Dell Streak. In the past few days, information about the Dell Streak arriving in July, 2010 was removed from Dell’s website. A Dell spokesman confirmed last Wednesday that the device will not arrive in July, but it is still on schedule to be released “later” this summer.
Dell confirmed that the Dell Streak will be shipped soon and that it will in fact still launch with Android 1.6 as the operating system.
The Dell Streak is a tablet PC and has a five-inch touch screen and doubles an Android smart phone. Some reports have estimated the cost between $300 if you get it with an ATT plan and $550 without it.
