Dell has increased cost savings goals by $1 billion
Dell says that it is looking to cut costs and expand further into markets that are generating revenue today, including netbooks. Netbooks are one of the few categories of the computer industry that is growing impressively during the global economic downturn.
EWeek reports that Dell recently announced poor Q4 financials with revenues dropping by 16% to $13.4 billion. Because of the poor results, Dell is said to be eyeing further cost reduction methods and expansion into other areas. In addition to netbooks, Dell is also looking at the cloud and enterprise solutions area.
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