Dell's Tablet StrategyBy Reuters | Posted 2010-09-23 Email Print
At Oracle OpenWorld Dell CEO Michael Dell flashed a new Android-based seven-inch tablet computer -- a follow up to the Dell Streak -- and said the company is on track for a $60 billion revenue year.
Dell executives have previously said the company planned to launch tablets in larger screen sizes.
The Streak, which runs on Android and doubles as a smartphone, costs $549.99, or $299.99 with a two-year contract from AT&T.
BMO Capital Markets expects tablet sales to top 40 million units in 2011 and hurt notebook and netbook sales.
Dell's shares fell 1.8 percent to close at $12.38 on the Nasdaq.
(Reporting by Gabriel Madway; Editing by Derek Caney, Maureen Bavdek and Steve Orlofsky)