Dell is out of mobile:
Dell is definitely pulling the plug on the smartphone business, globally. A tough decision, leaving a market that is expected to reach $150.3 billion in 2014, according to MarketsandMarkets.
However, Jeff Clarke, the head of Dell’s consumer business, confirmed yesterday at the Dell World conference, that there’s no way they’ll jump back into the ring anytime soon. “It needs a lot of investments to really be successful,” told me Clark.
Mobile, of course, is where the growth is in computing and Dell isn’t even on the sidelines anymore. If I were Michael Dell, I’d shut it down and give the money back to the shareholders.