pcs

Dell confirms Blackstone drops takeover bid amid PC slump

Blackstone Group has withdrawn its proposal to buy Dell for $25 billion, citing the weak PC maker and poor financial results, Dell confirmed today.

The private equity firm last month launched a bid for the computer maker to rival a $24.4 billion buyout offer from Silver Lake and Michael Dell. However, since that time, the troubles facing Dell have become more clear, causing Blackstone to drop its bid. News of the withdrawal was originally reported Thursday by some outlets.

Blackstone noted in a letter to Dell's special committee that a "unprecedented 14 percent market decline in PC volume … Read more

Get an HP quad-core desktop for $399.99

Message received loud and clear: You folks still love desktops! I'll definitely add more to the rotation as I find them. In fact, yesterday's deal was so popular it sold out, so I'm following up with another today.

Available until midnight (ET), and while supplies last, Sellout.Woot has the refurbished HP Pavilion P7-1447C quad-core desktop for $399.99, plus $5 for shipping.

That's a full $200 less than yesterday's Dell. So, how do the two systems compare? This one's a refurb, so it has only a 90-day warranty. I've had extremely good … Read more

Huawei Premia 4G review: Great price, lousy battery life

An inexpensive off-contract Android phone is hard to find, and for $99 after a $50 mail-in rebate, MetroPCS' Huawei Premia 4G has a particularly attractive price tag for a 4G Android 4.0 phone.

There are some very decent features for the price point, including a 5-megapixel camera with flash, a 1.3-megapixel front-facing camera, and a 1.5 GHz dual-core processor.

Yet, something has to give, and in this case it's the phone's battery life, and to a lesser extent, its voice quality. MetroPCS' 4G LTE network, while steady in my tests, also produces speeds you'd … Read more

MetroPCS urges investors to vote for latest T-Mobile deal

MetroPCS is asking its stockholders to give the thumbs-up to the latest buyout bid from T-Mobile USA parent Deutsche Telekom.

Following months of talks with MetroPCS, Deutsche Telekom finally sweetened its buyout offer Thursday, prompting the board of MetroPCS to amend its terms for the proposed merger.

Amid some concerns over the deal, Deutsche Telekom reduced the amount of debt the combined company would take on from $15 billion to $11.2 billion. The interest on the debt will also be lowered by 50 basis points, allowing the combined company to more easily pay it back.

To address fears that … Read more

Tablet sales will climb to $64B this year, ABI says

The tablet market should post strong growth this year, ABI Research said, as the traditional computing market slumps.

The tech research firm expects tablet sales to climb 28 percent this year to $64 billion. In terms of shipments, ABI projected a jump of 38 percent to 150 million in 2013.

"The convenience and mobility benefits afforded by tablet computers are showing no signs of slowing interest after record unit shipments and revenues were reported by device vendors in 2012," ABI said.

The tablet growth rate contrasts sharply with the traditional computing market, though PC shipments should still be … Read more

Deutsche Telekom offers 'best and final offer' to MetroPCS

Major MetroPCS shareholders that have urged their fellow owners to scuttle the merger deal in the works with T-Mobile might have been heard by Deutsche Telekom after all.

Deutsche Telekom, T-Mobile's parent company, announced today that it has slightly modified the merger agreement between T-Mobile and MetroPCS to make it more amenable to the latter's shareholders. The new terms will see Deutsche Telekom reduce the amount of debt the combined company would take on from $15 billion to $11.2 billion. The carrier will also reduce the interest on those loans by 50 basis points, to make it … Read more

Apple's Q1 Mac numbers were either very good, or terrible

Apple had either a very solid first calendar quarter of Mac shipments in the U.S., or one that was quite bad, depending on who you listen to.

A dueling pair of PC shipment reports from market trackers IDC and Gartner put Apple's Mac numbers in the U.S. at odds. IDC says Apple's shipments in the first three months of the year were down 7.5 percent from the same quarter last year. Gartner, on the other hand, says Apple's Mac shipments were up 7.4 percent.

So who's right? We'll know when Apple … Read more

PCs hit by an ugly quarterly drop as Windows 8 flops

It's really ugly in the PC market right now. How ugly? About the worst it has ever been, according to new reports from a couple of tech research firms.

First-quarter global computer shipments dropped 14 percent from the previous year, said International Data Corp., much worse than its forecast for a 7.7 percent decline. The pullback marked the worst-ever quarter since IDC began tracking quarterly PC shipments in 1994, and it's the fourth consecutive quarter of year-over-year shipment declines.

Rival tech research firm Gartner, meanwhile, said its data showed an 11 percent decline in first-quarter global PC … Read more

T-Mobile to improve bid for MetroPCS, report says

Deutsche Telekom, the owner of U.S. wireless carrier T-Mobile, is working on improved terms for the carrier's bid for MetroPCS, according to a report today in The Wall Street Journal.

Unnamed sources told the Journal that the German telecommunications company is probably going to announce the sweetened deal as early as Wednesday. The new terms, which could help save the merger despite shareholder protest, will likely reduce the amount of debt transferred to the new company, according to the report.

When CNET contacted T-Mobile, the company declined to comment. Deutsche Telekom said earlier this month that its existing … Read more