Dell ordered to pay $100 miliion penalty

hifimusic

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Complaint is that dell took secret money from Intel to keep away AMD chips from its products. The SEC says that the company should have disclosed to investors that it was drawing on these reserves, but did not. And it claims that, at their peak, the exclusivity payments from Intel represented 76% of Dells quarterly operating income, which is a breathtaking figure.

Dell's SEC settlement: Taking away Dell's cookie jar | The Economist

I was planning to get a laptop and I am staying away from them for sure.

P.S: Mods, feel free to delete this thread if you think this does not belong here.
 
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