Dell-CEO 04-03

Dell committed to reducing costs

ROUND ROCK, Texas — Dell Inc. founder and CEO Michael Dell says the world’s second-biggest computer maker is committed to reducing costs over the next several years and improving the company’s competitiveness.

At the first full analyst meeting since 2005, Michael Dell addressed the ongoing turnaround of the computer company that was eclipsed as the world’s largest PC maker in 2006 by Hewlett-Packard Co.

Dell aims to cut $3 billion over the next several years to boost profits.

Michael Dell said Thursday that the company’s leaders are not satisfied with the current state of affairs and we are on a mission to address this.

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