September 23, 2010

Dell To Launch Second Android Tablet Computer

Dell Inc. chief Executive Michael Dell showed off a new seven-inch tablet computer on Wednesday, and said the firm is on track to generate more than $60 billion in revenue this year.

The new device is Dell's second tablet computer, and will face fierce competition in a market dominated by Apple's iPad.

Dell made the announcement during an on-stage presentation at Oracle's annual OpenWorld conference in San Francisco, but did not disclose any details about the tablet device, its price or when it would be available.

The new gadget is believed to run on Google's popular Android operating system.

The Texas-based company launched its Android-based "Streak" tablet computer last month.  The device includes a five-inch screen, a camera, and the ability to connect to the Internet via Wi-Fi or 3G cellular networks.

As of Wednesday, Streak sold for $550 dollars on Dell's U.S. Web site, although that price is reduced to $300 for buyers who sign up for a two-year service contract with AT&T. 

Dell said the Streak would be available at Best Buy stores beginning next month.

Dell said the computer maker's revenue has grown some 20 percent over the past two quarters.

"It looks like we'll probably do that again this quarter as well," he added.

Thomson Reuters I/B/E/S said it expects Dell to post revenue of $15.8 billion in its fiscal third quarter, which ends in October, a 22 percent increase over the same quarter last year.


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