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Tuesday, September 6, 2011

Dell, Baidu team up for tablets, mobiles, (NASDAQ: DELL), (NASDAQ: BIDU), (NASDAQ: AAPL)

Dell Inc (DELL.O) and China's top search engine Baidu Inc (BIDU.O) plan to jointly develop tablet computers and mobile phones, targeting the Chinese market dominated by Apple Inc (AAPL.O) and Lenovo (0992.HK). China is one of the fastest growing markets for tablets and is home to more than 900 million mobile phone subscribers, but analysts were skeptical that the partnership would unseat Apple as the dominant force in the market. "I suspect this is just Dell, who has a lot of problems on the mobile and tablet front, grasping at straws to get any kind of publicity that it can to make its product more attractive," said Michael Clendenin, managing director of technology consultancy RedTech Advisors. "Ultimately in China, I still think it is Apple's game, still for the iPad and iPhone."

Dell Inc. (Dell) is a technology company that offers a range of technology product categories, including mobility products, desktop personal computers (PCs), software and peripherals, servers and networking products, storage and services. Shares of DELL remained unchanged at $14.24. In the past year, the shares have traded as low as $11.93 and as high as $17.60. On average, 26401900 shares of DELL exchange hands on a given day and today's volume is recorded at 2950.

Baidu, Inc. (Baidu) is a Chinese-language Internet search provider. Shares of BIDU remained unchanged at $140.45. In the past year, the shares have traded as low as $82.16 and as high as $165.96. On average, 9997410 shares of BIDU exchange hands on a given day and today's volume is recorded at 29333.

Apple Inc. (Apple) designs, manufactures and markets a range of personal computers, mobile communication and media devices, and portable digital music players, and sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL remained unchanged at $374.05. In the past year, the shares have traded as low as $254.50 and as high as $404.50. On average, 19636800 shares of AAPL exchange hands on a given day and today's volume is recorded at 107891.



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