Seagate CEO Disses Dell and Creative

Includes: CREAF, DELL
by: David Jackson

Sometimes you see a comment about a company or a stock that's just remarkably pithy and perceptive. Here's a comment about Dell (NASDAQ:DELL), from a Fortune interview, by Seagate CEO Bill Watkins:

The 90s were all about the enterprise, and that's why Dell did so well. Now, it's all about the consumer, and that's why Dell is having problems. They don't understand the consumer. They want a competitor to the iPod and what do they do? They go with Creative.