Dell Reflects on First Year as Private Firm

Dell has published an “Annual Report to Customers”, a progress report on its first year since its return to being a private firm.

CFO Tom Sweet said that Dell has made solid progress over the last 12 months, though the company did not release any figures, saying only that it had been able to accelerate its debt pay-down and closed the year with a strong balance sheet. He also revealed that Dell committed an extra $125 million in “enhanced incentives and investments” for the channel over the past year.