Before the recession, Dell Inc. (NASDAQ:DELL) was an industry leader in the PC movement. Early 2000s were a simpler time that consisted of rising home prices, minor recession in 2003, two wars, iPod was gaining popularity and the only kind of cell phone was a flip phone. Personal computers were all the rage, as individuals and enterprises continued to turn to the likes of Dell and Hewlett-Packard Company (NYSE:HPQ). Then the recession of 2008 hit and PC sales began a long term downtrend that began to fundamentally alter companies like Dell and HP, because their traditional business was faltering and they were in search of revenue sources. Years down the road, the recession begins to subside and growth...
Dell, Silver Lake Gain A Reported 90% Year After LBO
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