Dell may be promoting its $24.4 billion leveraged buyout as the next step in its turnaround plan. But some of the computer maker’s rivals couldn’t resist throwing a few jabs at the company all the same.
Here’s what Lenovo had to say on Tuesday:
“While we won’t comment on the specifics, we remain as always confident in our strategy, our ability to deliver compelling and innovative products and our overall position and performance. We believe that the financial actions of some of our traditional competitors will not substantially change our outlook. Our strategy is clear, our financial position is healthy and our business is very strong â€" so we are focused on our products, customers and overall execution rather than distracting financial maneuvers and major strategic shifts. This focus is an advantage for us and a benefit to our customers. Lenovo has the best products, a clear strategy and outstanding momentum. We always face tough competition, and we are well prepared tocontinue to win in the PC+ era by focusing on our own efforts, core strengths and great execution.â€
Hewlett-Packard â€" itself in the midst of a difficult turnaround that could take years â€" took a decidedly more pointed tack in its comment, all but declaring its intent to poach customers:
“Dell has a very tough road ahead. The company faces an extended period of uncertainty and transition that will not be good for its customers. And with a significant debt load, Dell’s ability to invest in new products and services will be extremely limited. Leveraged buyouts tend to leave existing customers and innovation at the curb. We believe Dell’s customers will now be eager ! to explore alternatives, and H.P. plans to take full advantage of that opportunity.â€
