Wednesday 23 May 2012

Dell - who buys a desktop these days anyway?

Dell (ticker DELL), took a battering today after lousy earnings report last evening AH. Such bad numbers are not that surprising considering the overall desktop market is still in a long term decline.


Dell, daily


Summary

Wednesdays loss of 17% to $12.46 was the largest decline in a few years. The next key level is the $12 to 11.50 zone. A break under that...and DELL would be in trouble of going the way of RIMM.

There is of course still a market for desktops - and other related standard peripherals, but surely we're never going to return to the glory days of the late 90s and early 2000s?

yours truly..
    ...typing via a custom non-Dell desktop.