Dive Brief:
- Speaking at a roundtable conference in Bengaluru, India, Michael Dell suggested the top PC companies should consolidate to improve their returns over the next several years, Reuters reports.
- Dell sees consolidation as a way to combat shrinking PC sales.
- The top three PC makers are currently Lenovo Group Ltd, Hewlett Packard and Dell.
Dive Insight:
Dell suggested consolidation in the industry could combat shrinking PC sales. Last month, IDC forecast PC shipments to fall 8.7 percent this year, and it does not expect a return to growth until 2017. That timeline may be too far out to allow the top PC makers to hold on. Dell therefore suggested they work together to become profitable. Dell said going private again has allowed him to better see ways to improve the overall industry.
"Being a private company has certainly allowed us to focus our future more on 3 years, 5 years, 10 years out and get away from the short-term orientation that public companies often find themselves in," Dell said.
Dell has been trying to transform his company into a provider of enterprise computing services over the last several years.
