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HP3-L07 - Selling HP Storage P4000 Solutions - Dump Information

Vendor Name : HP
Exam Code : HP3-L07
Exam Name : Selling HP Storage P4000 Solutions
Questions and Answers : 15 Q & A
Updated On : October 16, 2018
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HP HP3-L07 Exam (Selling HP Storage P4000 Solutions) Detailed Information

HP3-L07 - Selling HP Storage P4000 Solutions


HP3-L07 Test Objectives


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HP3-L07 Selling HP Storage P4000 Solutions

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HP3-L07 exam Dumps Source : Selling HP Storage P4000 Solutions

Test Code : HP3-L07
Test Name : Selling HP Storage P4000 Solutions
Vendor Name : HP
Q&A : 15 Real Questions

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HP Selling HP Storage P4000

No standard computer: fingers On With HP's leather-based Spectre Folio | killexams.com Real Questions and Pass4sure dumps

HP Spectre Folio

firstly glance, the brand new HP Spectre Folio just feels like a conventional—albeit very skinny—ultraportable sheathed in a leather-based case. however upon further examination, you know that the costly-searching Cognac Brown leather-based exterior is in reality fused with the computing device itself.

sure, HP made a leather-based laptop, and it appears and feels amazing. unlike closing yr's Spectre 13, which changed into additionally attractive however sleekly submit-industrial, the new Spectre Folio is way more ancient-common searching, which is apparently the entire rage in design circles at the present time.

"it's a bit bit of retro," Stacey Wolff, HP's head of techniques design, pointed out as he unveiled the Spectre Folio in a transformed warehouse under long island city's fashionable excessive Line linear park. indeed, you get the experience that the Spectre Folio is designed to seem good in a espresso store, no longer fit in with the angular strains of a corporate boardroom.

The computing device's greatest set-apart function, though, isn't the leather-based that envelops it. that would be its complement of a number of magnets, which will let you unhinge the display from its lower back and fix it to the bottom of the keyboard, forming a kind of easel for less complicated movie staring at or drinking every other classification of content material that you would be able to suppose of.

This "easel mode" qualifies the Spectre Folio as a convertible desktop, however's not a convertible in the common feel of being capable of flip the display round 360 levels to use the computing device as a pill. in its place, there's a 2d magnet that lets you relaxed the display flat atop the keyboard, which capacity no keys protruding awkwardly out of the backside in pill mode.

all through a short demo, I discovered the magnets effortless—even pleasurable—to make use of. there's nothing awkward about manipulating the reveal into its numerous modes. still, I could not help but note that the Spectre Folio is rarely specially thin and light-weight. At 3.28 pounds and 0.6 by using 12.6 with the aid of 9.23 inches (HWD), it's in fact bigger and heavier than the Spectre 13 usual desktop that it's designed to exchange. it really is particularly noteworthy should you believe that the precise digital parts—the screen and the keyboard base—are absurdly thin. basically, HP is sacrificing thinness and lightness for expensive leather-based.

And it's certainly high-priced. that you may pre-order one presently in the Cognac Brown color for a starting rate of $1,299, and HP expects to sell one in Bordeaux Burgundy earlier than the end of the yr, in time for break looking. both are full-grain leather-based, and an HP engineer who labored on the design of the product observed that it be supposed to evoke a luxurious handbag as an awful lot as resemble a laptop. That capability common actual exterior ingredients that you simply'd expect on a desktop, akin to rubber ft to hold it in place on a desk and provide room for airflow, don't seem to be there. as a substitute, you get a skinny, raised strip alongside the lower back facet.

Come to think of it, there is really a bit much less want for clearance across the backside of the computing device, because no cooling fan vents outward there. The Spectre Folio uses one of Intel's new eighth-generation Y-series ultra-low-energy CPUs, which generates lots much less warmth than the U-series chip that powers the Spectre 13.

no longer simplest is the CPU power-productive, but it and the rest of the interior digital accessories are customized-designed to eke out as a lot computing efficiency from as little area as viable. because everybody hates plugging in their instruments, HP decided to dedicate 70 p.c of the real estate in the keyboard base to the battery, which should effect in 18 hours of battery life, in accordance with the business's interior exams.

That skill every thing else has to slot in the ultimate 30 p.c of the bottom. So Intel made a customized motherboard for the Spectre Folio it's practically just a slim strip of silicon and transistors. (you could see it above.) There are most effective four ports—three USB-C connectors and one headphone jack—however the base is so skinny that it wouldn't accommodate the headphone jack's height, so it had to be relegated to the facet of the screen.

in the middle of all this rejiggering of established materials, HP managed to fit some instant components that you may not locate on most ultraportables in the US today: peculiarly, a gigabit LTE modem, an eSIM chip, and a physical SIM card slot. in the US, it be appropriate with T-cellular, AT&T, and sprint. What's greater, in case you activate a new Spectre Folio on the dash network, you will get unlimited facts for six months.

the prospect of a computer that at all times has internet entry for no preliminary further month-to-month can charge (smartly, entry anywhere dash's admittedly lagging community has service) is attractive, and it's whatever that Microsoft and Intel earnestly have been pushing manufacturers to present for greater than a yr. HP seems to have heeded this name.

very nearly every thing else concerning the Spectre Folio is as intriguing as its physical design and wireless capabilities. there's a full HD (1,920 with the aid of 1,080) display, 13.3 inches on the diagonal, with 400 nits of brightness. or not it's covered in Corning Gorilla Glass for strength, and the panel consumes just a single watt of electrical energy, key to attaining these 18 hours of battery existence. HP does plan to present a more robust-resolution (but power-hungrier) 4K UHD choice in time for holiday searching, in case you in reality desire that kind of first-rate-grained reveal at this measurement.

HP also works in a really at ease keyboard with sturdy keys and comparatively long trip for such a thin design. which you could configure the Spectre Folio with up to 16GB of RAM, up to 2TB of SSD storage, and Core i5 or Core i7 Y-series processors. An blanketed digital pen with 4,096 degrees of pressure sensitivity quite simply slips into the leather-based loop on the appropriate area. possibly the best downright disappointing point is that the desktop makes use of the same laughably small touchpad because the Spectre 13, which makes mousing round with significant fingers very tricky.

it be clear that HP got down to do some thing distinct with the Spectre Folio. it be neither a conventional desktop nor a standard hybrid convertible design, yet it does double as a tablet or an easel for watching films. To buy this laptop requires an eye fixed for design and a willingness to miss out on the proven fact that the leather-based adds simply as a great deal bulk as it does style. nevertheless, we can not wait to get one into workstation Labs for formal testing. stay tuned.


HP promoting fifty one% stake in chinese unit, other native corporations for $2.3B | killexams.com Real Questions and Pass4sure dumps

No influence discovered, try new key phrase!HP publicizes or not it's promoting a 51% stake in H3C and its chinese server, storage, and IT functions ops for $2.3B. The deal values the combined business at $four.5B internet of money/debt - lower than the $5.5B HP had ...

HP reinvents the notebook with the new Spectre Folio – the world’s first leather-based computing device | killexams.com Real Questions and Pass4sure dumps

yesterday, HP introduced a new computer – the Spectre Folio. The Spectre Folio is a attractiveness because of its marvelous design. when you are all the time on the go and on the hunt for a new laptop, this leather-clad elegance should still be in your radar.

Side view of spectre transitioning to forward mode with image of surfer on screen

The HP Spectre Folio is coated in specific leather as a substitute of plastic or steel which offers it a very exciting and premium look. The machine may also be used in three different positions – folded ahead (masking the keyboard) to serve as a pill, folded halfway such that the keys are coated however the trackpad is seen (tent mode), and eventually as a computer.

The Spectre Folio has a 13.three touchscreen screen but the display differs across fashions. there's a edition with a 1-watt FHD monitor, an additional with an everyday FHD display, and a 3rd with a 4K panel. The screen is lined in Gorilla Glass and supports input via a stylus with tilt detection and 4096 degrees of power sensitivity.

reckoning on the configuration, you get Intel’s new Amber Lake-Y Core i7-8500Y or Core i5-8200Y processor. there's 8GB of RAM and 256GB of storage (NVMe M.2 SSD). It has an e-SIM and also a nano-SIM tray. The keyboard is backlit and there are 4 Bang & Olufsen speakers for audio.

The Spectre Folio has Bluetooth four.2, 802.11ac Wi-Fi, a USB three.1 class-C port, a USB three.1 Gen 2 class-A port, a 3.5mm audio jack, and two Thunderbolt three ports. The computing device is said to offer as much as 18 hours of battery existence. It measures 32 x 23.36 x  1.fifty two cm and weighs 1.forty five kg.

read extra: Lenovo’s Foldable Yoga 7 professional comes with 4K Dolby vision, Rotating soundbar & Intel i7

The Spectre Folio is priced at $1300 for the Core i5 model which can be offered on HP.com whereas the Core i7 model will promote for $1500 and may be purchasable at most suitable buy with the aid of October 29. The edition with a 4K screen will come in a color referred to as Bordeaux Burgundy and should be accessible in December. All fashions will come with the stylus and a USB-C to USB-A adapter.

(Sources: 1, 2)


HP3-L07 Selling HP Storage P4000 Solutions

Study Guide Prepared by Killexams.com HP Dumps Experts


Killexams.com HP3-L07 Dumps and Real Questions

100% Real Questions - Exam Pass Guarantee with High Marks - Just Memorize the Answers



HP3-L07 exam Dumps Source : Selling HP Storage P4000 Solutions

Test Code : HP3-L07
Test Name : Selling HP Storage P4000 Solutions
Vendor Name : HP
Q&A : 15 Real Questions

Is there HP3-L07 examination new sayllabus available?
Exceptional HP3-L07 exam education i have ever stumble upon. I exceeded HP3-L07 examination problem-free. No stress, no problems, and no frustrations during the examination. I knew the whole lot I had to comprehend from this killexams.Com HP3-L07 Questions set. The questions are legitimate, and i heard from my friend that their cash decrease back assure works, too. They do provide you with the cash lower again in case you fail, however the aspect is, they make it very easy to bypass. Unwell use them for my nextcertification assessments too.


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Hurrah! I actually have surpassed my HP3-L07 this week. And I were given flying color and for all this I am so thankful to killexams. They have come up with so gorgeous and well-engineered program. Their simulations are very similar to the ones in real checks. Simulations are the main factor of HP3-L07 exam and really worth more weight age then different questions. After making ready from their software it became very easy for me to clear up all the ones simulations. I used them for all HP3-L07 exam and discovered them trustful on every occasion.


sense assured by means of getting ready HP3-L07 dumps.
All in all, killexams.com become a excellent way for me to prepare for this exam. I surpassed, but come to be a littledisenchanted that now all questions about the exam had been 100% similar to what killexams.com gave me. Over 70% have been the equal and the rest turned into very comparable - Im not sure if this is a great thing. I managed to skip, so I think this counts as a first-rate end result. But remember that regardless of killexams.com you still need to analyzeand use your brain.


determined maximum HP3-L07 Questions in modern-day dumps that I organized.
Passed the HP3-L07 examination the alternative day. I would have by no means accomplished it without your examination prep substances. A few months ago I failed that exam the primary time I took it. Your questions are very much like real one. I handed the examination very without difficulty this time. Thank you very a lot on your assist.


just try those real exam questions and success is yours.
I prepared HP3-L07 with the help of killexams.com and observed that they have got pretty good stuff. im able to go for other HP assessments as well.


I want dumps trendy HP3-L07 examination.
I bought this due to the HP3-L07 questions, I idea I may want to do the QAs part just based on my previous experience. Yet, the HP3-L07 questions supplied by killexams.Com had been simply as beneficial. So that you actually need targeted prep substances, I handed effortlessly, all thanks to killexams.Com.


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Belive me or no longer! This resource trendy HP3-L07 questions works.
I in no way notion i might be the usage of mind dumps for serious IT tests (i used to be usually an honors scholar, lol), but as your profession progresses and youve more duties, which incorporates your family, locating time and money to put together for your assessments get tougher and tougher. But, to provide to your own family, you need to maintain your profession and know-how growing... So, perplexed and a bit responsible, I ordered this killexams.com package deal. It lived as much as my expectancies, as I surpassed the HP3-L07 exam with a superbly appropriate score. The reality is, they do offer you with real HP3-L07 examination questions and answers - this is exactly what they promise. However the best information also is, that this statistics you cram to your exam stays with you. Dont all of us love the question and answer layout due to that So, a few months later, as soon as I obtained a huge selling with even larger responsibilities, I often locate myself drawing from the understanding I got from Killexams. So it moreover facilitates ultimately, so I dont enjoy that responsible anymore.


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Dell’s Tracker Deal Heads for an Investor Showdown | killexams.com real questions and Pass4sure dumps

The PC pioneer Michael Dell has been on a long winning streak when it comes to deal-making, taking his company private and then engineering a $58 billion buyout of the computer storage giant EMC.

His latest attempt may be a deal too far, however. His company’s $21.7 billion offer for a tracking stock that it issued at the time of the EMC acquisition is encountering resistance from investors.

The fight has played out largely behind closed doors, but may soon erupt more publicly. A number of big names are objecting to the Dell proposal: the veteran activist Carl Icahn, Paul Singer’s hedge fund Elliott Management, the giant index-fund provider BlackRock, and the big San Francisco value investment firm Dodge & Cox.

The dispute is over a tracker, Dell Technologies , Class V (ticker: DVMT), that is linked to VMware (VMW), a hot software company whose main product improves the efficiency of corporate data networks. Privately held Dell Technologies received an 81% interest in VMware when it bought EMC in 2016, and offered the tracker to EMC holders as compensation. VMware is now valued at $60 billion.

Sources: Bloomberg; company reports

Sources: Bloomberg; company reports

Many tracker holders are upset that Dell is proposing to buy them out for cash and newly minted Dell stock at a steep discount to the value of VMware, at a time when VMware’s prospects look good. The tracking stock trades at $94.50, a 36% discount to VMware, now fetching $147.74.

The tracker holders who spoke with Barron’s say that Dell should pay more. Some think a price exceeding $120 is warranted, which still would work out to a big discount, somewhat less than 20%.

“Dell is a highly levered, mundane hardware company, whereas the company we have an economic interest in, VMware, is one of the world’s finest software companies,” Icahn says. “It’s laughable that Dell would think we would sell at a discount and for Dell-issued currency. If anything, given the advantages Dell would obtain by owning our VMW shares, they should be paying a premium.” Icahn Associates owned a 1.2% stake in the tracking stock as of June 30.

Amid the behind-the-scenes drama, the tracking stock looks appealing because of the possibility that Dell will improve its offer. The downside seems limited because of the steep discount, relative to VMware.

There could be developments soon, as Dell moves toward a vote on the transaction, which it aims to close by the end of the year. Given the opposition of Icahn and others, the current proposal has little chance of getting the needed approval of a majority of the tracker shares.

Dell’s executives declined to comment for this article, but they have maintained that the offer is fair. Many large investors in the tracking shares also declined to comment. No large tracker holder publicly supports the deal.

Michael Dell is no stranger to battling or cajoling investors. In 2013, he fended off Icahn to take the company that he founded in his college dorm room private in a $24.9 billion buyout.

Since the purchase of data-storage maker EMC in 2016, Dell Technologies has had mixed financial results. It’s a leader in PCs, servers, and storage devices, with $86.8 billion of revenue in the past 12 months and $10 billion of earnings before interest, taxes, depreciation, and amortization, or Ebitda, a measure of cash flow.

That number is below the $12 billion in annual Ebitda that the company had indicated it could produce around the time of the merger. Results have improved in recent quarters, after the company reversed the market share losses it had suffered in its storage business following the merger.

Michael Dell now owns 72% of Dell with his private-equity partner, Silver Lake Partners, holding 24%.

Going public would allow Dell to more easily use its stock for acquisitions and would provide liquidity to Silver Lake if it chooses to reduce its stake in Dell. Silver Lake has said it “has no plans to seek liquidity and remains an enthusiastic long-term shareholder.”

An initial public offering would typically be the answer, but an IPO of Dell Technologies would be difficult for several reasons. Hardware outfits like Dell remain out of favor because Wall Street views their business as commodity-like, with limited long-term growth prospects. Software is king now.

Dell’s debt, a legacy of the mostly cash purchase of EMC, is also a problem. Dell puts its core net debt at $29.9 billion, excluding VMware, considerably above those of rivals such as Hewlett-Packard Enterprise (HPE). Dell also has limited annual free cash flow at its core hardware business—about $3.6 billion.

An intriguing solution offered itself in the tracking stock that was issued to EMC holders. Dell couldn’t directly issue the VMware stock to EMC holders for tax reasons and thus offered the tracking stock instead. The tracker can be converted into VMware equity in 2021 without tax penalties.

A buyout of the tracker would allow a debt-laden Dell to simplify a complex corporate structure, gain greater control of its most valuable asset—VMware—and go public. After months of uncertainty, Dell unveiled an offer in July to pay $109 a share in newly issued Dell stock and cash for the tracking stock.

However, the tracking stock didn’t trade close to the deal value of $109 a share, and instead languished at a sizable discount. It now changes hands at $94.50.

Why? The deal is unusual in many respects and one is that Dell is offering currently nonpublic equity to holders of the DVMT tracker. Dell would pay $109 a share in cash for up to 41% of DVMT and would fork over 1.3665 shares of its private stock for each share of the remainder.

To arrive at a value of $109 a share for the entire package, Dell assumed a value for its equity of nearly $80 a share (1.3665 times $79.77 equals $109). That assumption results in a market value for all of Dell of more than $60 billion.

Based on the current price of DVMT, ainvestors are valuing Dell equity at closer to $65, resulting in the discounted price of DVMT relative to the $109 stated value. Investors essentially think less of Dell’s hardware business than the company does. The cash portion of the proposed transaction would come from an $11 billion dividend from VMware.

The dispute over the offer is tinged with resentment. A number of holders of the tracking stock say privately that they are unhappy that Michael Dell and Silver Lake stand to gain more than $10 billion from the proposed deal. That huge sum is explained by the $53 difference between the share price of VMware and the price of the DVMT tracker, which has some 199 million shares outstanding.

These investors contend that Michael Dell and Silver Lake don’t deserve such a bonanza because the tracking stock was designed to reflect the economic performance of VMware and so shouldn’t be redeemed at a large discount to VMware. Their view is that Dell is trying to take advantage of the discounted price of DVMT to buy it cheaply.

They also seem annoyed that Dell’s longtime investment banker, Goldman Sachs, would make $70 million as an advisor on the transaction.

Faced with these concerns, Dell executives have striven to win over the disgruntled investors in recent weeks. The company’s chief financial officer, Thomas Sweet, called the proposal “extraordinarily fair” at a Dell analyst meeting last month, to which Michael Dell added, “Well said.” Sweet and other Dell brass recently have held private roadshow meetings with tracker investors to highlight their company’s improving financial results.

The hardware giant is also presenting an alternative scenario that might be less attractive to tracker investors. Dell maintains that it could pursue a conventional IPO if the deal is rejected. That, in turn, would let the tracking stock be converted into Dell common shares on uncertain and potentially disadvantageous terms to the tracker investors.

So far, Dell’s powers of persuasion don’t appear to be working. One investor, P. Schoenfeld Asset Management, told the Dell board in a recent letter, disclosed in a securities filing, that the transaction would not be in the best interests of the DVMT tracking stock holders because it “deeply undervalues” the tracker.

The firm added that it plans to oppose the deal and that an “overwhelming majority of DVMT holders will do likewise.”

Such resistance might spur Dell to improve its offer. Several of the tracker holders tell Barron’s that they think a price of at least $120 is warranted.

“There’s a real possibility that Dell will negotiate with DVMT holders and raise its bid,” says Karl Keirstead, an analyst with Deutsche Bank who has a Buy rating and $106 price target on DVMT. A negotiated deal with DVMT holders, he says, would be good for Dell, DVMT, and VMware.

In its letter to the board, P. Schoenfeld Asset Management wrote that a price of about $129 a share was fair. The firm said Dell can craft an attractive deal for DVMT investors without large dilution to Michael Dell and Silver Lake.

DVMT tracks about half the economics of VMware and accounts for most of Dell’s stake in the software maker, which has benefited from the boom in cloud-related software stocks in the past year, gaining over 25%. VMware is valued at about 24 times forward earnings—not cheap, but reasonable by software standards; rivals such as Red Hat (RHT) trade for 35 times. And VMware is sitting on about $20 a share in net cash.

Trackers are issued by one company to, as the name implies, track the economic performance of a business or another stock. They offer limited investor protections and thus aren’t popular with institutional holders, many of whom can’t or won’t buy them. Trackers depend on the goodwill of the issuing company.

Liberty Media, controlled by billionaire media mogul John Malone, has been the most prolific issue of trackers, and it has a record of treating these stocks’ holders fairly. Liberty trackers have long allowed investors to profit alongside Malone. Liberty SiriusXM (LSXMA), a stock tracking Liberty’s controlling stake in Sirius XM Holdings (SIRI) is the most comparable security to DVMT. It trades around $41, a roughly 25% discount to the value of its Sirius stake.

At the time of the EMC deal, Dell gave the impression that it would treat tracker holders fairly, and that DVMT would indeed reflect the performance of VMware shares.

Still, some EMC holders feared that Michael Dell would treat tracker investors unfairly, given the way he had acted during the leveraged buyout battle in 2013. Dell repeatedly delayed a shareholder vote on the buyout amid shareholder opposition and then increased its bid slightly and changed a key voting rule to facilitate a win for himself.

A furious Icahn and others argued that Dell hadn’t played squarely and had paid too little—just eight times earnings excluding the company’s cash. The Delaware Supreme Court ultimately ruled that the deal was fair.

In a Q&A posted on the VMware website at the time of the EMC deal, Dell said its interests were “aligned” with those of the tracker holders. It valued the tracker at parity with VMware when it announced the deal in 2015, indicating they were similar securities. EMC’s chief executive, Joe Tucci, said at the time that it should be “the best trading tracking stock ever,” and two investment banks projected that the tracker would trade at no more than a 10% discount to VMware.

Elliott, then an EMC holder, publicly backed Dell’s offer, which other EMC holders felt was too low. In a 2015 statement, Elliott said it was “pleased to participate in VMware’s ongoing upside through the tracking stock.” Today, Elliott is dissatisfied with the Dell deal, sources tell Barron’s.

Keirstead of Deutsche Bank noted the bad feeling among investors in a client note this summer. “Old grievances linger,” he wrote, with DVMT holders feeling that they helped Dell finance the EMC merger “that enabled Dell to reap the benefits of the material rally in VMware shares and transform the company.”

The tracker began trading initially at a roughly 30% discount to VMware—much wider than had been anticipated—and the discount stayed wide throughout 2017. As a class of Dell equity, the tracker is exposed to Dell credit risk, and Dell was highly leveraged after the EMC deal.

The hefty discount also reflected the risk that Dell could redeem the tracker to its advantage, at the expense of investors. Those fears increased early this year when Dell outlined various scenarios to simplify its capital structure, including a possible merger with VMware and a potential transaction involving DVMT. The discount on the tracker got as fat as 50%.

Dell considered a combinationwith VMware and the tracking stock, but ran into resistance from VMware holders. It ended up reaching a deal in early July with two independent Dell directors representing the tracker holders that would pay them $109 a share in cash and stock.

At that time, Dell said the deal provided a “significant and immediate premium” to DVMT holders, “as well as the ability to participate in the future upside of Dell Technologies.” But the tracker has never traded at $109—it hasn’t broken $100—because Dell has assumed too high a price on its stock.

The next move is Dell’s. A shareholder vote on DVMT is expected to be scheduled for sometime around Thanksgiving. Dell has said it wants to close the transaction in the current quarter.

Dell could wait for the vote and then consider its next action if the balloting goes against it, or sweeten the bid before the vote. The company hasn’t indicated that a higher offer is coming.

If the deal is rejected, Dell could sweeten its bid, do nothing and leave the DVMT stock outstanding, or go public and then potentially force a conversion of the tracking stock into its common shares—an action permitted under the DVMT incorporation documents.

If it goes the IPO-conversion route, it would have to pay DVMT holders a 20% premium in the first year after the IPO, declining to 15% in the second year, and 10% thereafter.

While Dell would have to offer a premium in this scenario, DVMT holders would get an uncertain payout, based on the value of Dell equity.

Many DVMT investors view an IPO as unlikely, because a debt-laden Dell might get a low value, resulting in a high dilution to Michael Dell and Silver Lake in a forced conversion of DVMT. And any deal for the tracker would have to meet a fiduciary standard, meaning that Dell’s board would have to treat tracker holders fairly.

Mark Moerdler and Toni Sacconaghi, analysts with Bernstein, have argued in a client note and a presentation that Dell would do better by negotiating a higher price with DVMT holders and go public by converting the DVMT shares into its common stock in that fashion, rather than by doing an IPO.

“We don’t believe this [an IPO] will net Dell a better price,” they wrote in August. “Because of this and negative investor feedback, we expect Dell to sweeten the deal for DVMT.”

While Dell says it doesn’t need a deal with DVMT holders, it would benefit from being public because that would give it a liquid currency for acquisitions and also provide an exit strategy for Silver Lake, which has held its Dell stake since 2013. This suggests that Dell might raise its offer, rather than let the current deal die.

A sweetened bid at, say, $120 a share, would benefit DVMT holders. And it would still produce $5 billion gain for Michael Dell and Silver Lake. Not the $10 billion they’d like. But certainly not bad, either. 

Write to Andrew Bary at andrew.bary@barrons.com


2019 Mercedes-Benz S-Class Plug-In Hybrid Comes with New Battery for 96,065 EUR | killexams.com real questions and Pass4sure dumps

The third iteration of Mercedes-Benz’s flagship plug-in hybrid, the S560 e, begins selling in Europe on Wednesday, packing a refreshed battery pack for longer range and faster charging times.

With the new version, the German carmaker promises “enhanced electric performance and, last but not least, added convenience" thanks to the deployment of the new lithium-ion battery.

To be made available only on the long wheelbase V 222 version, the hybrid system deployed on the luxury saloon is made of a 367 horsepower V6 gasoline engine and the proprietary EQ Power solution good for an extra 120 hp. Working in tandem, the combo is controlled via a 9G-TRONIC transmission.

The biggest novelty on the new version of the S-Class is the use of a new battery pack. For the first time, Mercedes used a battery developed by its wholly owned subsidiary Deutsche ACCUMOTIVE. The unit id a 37 Ah pack (up from the 22 Ah on the current version) capable of giving the hybrid an electric range of about 50 km (31 miles).

Mercedes says that despite the increase in storage capacity, the battery is smaller in size the one used until now.

The battery uses a water-cooled on-board charger with a capacity of 7.4 kW to get juiced up. Employing a State of Charge (SoC) solution, full capacity can be reached in about 1.5 hours. When using a regular Mercedes Wallbox, that time increases to five hours.

Control of the hybrid system is done by selecting four operating modes, and five driving programs are available for the driver, all meant to make as little use of the combustion engine as possible.

Order books for the new version of the 2019 Mercedes-Benz S-Class S560 e are already open. The Germans will sell the model starting from 96,065 Euros.

Full details on the model, as released by Mercedes-Benz, are listed in the document attached below.


After 8 years, IDC admits Apple's iPad is leading the tablet market 'unabated' | killexams.com real questions and Pass4sure dumps

 

Editorial

Since iPad launched in 2010, International Data Corporation has dutifully crafted various media narratives that belittled as it as a toy, dismissed it as merely a "media consumption" device in a world that needed Windows, and disparaged it as inconsequential in a vast sea of cheap Android tablets (some of which were literally children's toys). But they were wrong, here's why. iPad is rising in a sinking tablet industry: just ask IDC

While not alone, IDC has prominently constructed media narratives explaining why Apple's iPad can't possibly matter over the last eight years, initially because it didn't run the all-important Microsoft Windows, then because masses of ultra-cheap Android tablets were portrayed as an insurmountable "market share" diluting force, then because Microsoft itself was entering the tablet market with Detachables, and then because public interest in tablets appeared to be seriously dissipating in favor of more conventional computing devices.

However, IDC has recently been forced to essentially admit that it was completely wrong about virtually everything in the tablet market. Tablets were indeed having an impact on the demand for conventional PCs. The public clearly wasn't buying into Microsoft's vision of tablets, whether the original Tablet PCs, Windows RT netbooks, or the latest batch of Surface-like Detachables. People who needed Windows were sticking to conventional notebooks.

And the hardest fact to deny: Apple has remained the market leader in tablets in the critically important metric of dollars earned—as everyone else with a tablet strategy crumbles or stagnates in a global market that's shrinking faster every quarter.

Bad news for iPad haters

Global tablet sales have shrunk YoY (year-on-year) for the last fifteen quarters, according to IDC's data. Across just the last year (shown in IDC's quarterly data below), the pace of declining global tablet unit sales has incrementally accelerated from a 5.4 percent drop last fall to 13.4 percent drop this summer.

Only two of the top five tablet makers have turned in quarterly growth in each of the last four quarters: Apple (the largest tablet maker, which sold over 44 million iPads) and Huawei (which shipped 13.1 million tablets).

Across those four quarters, Apple's iPad sales grew incrementally, adding just under two million new sales. Second place tablet vendor Samsung lost more than two million units over the same year, and its total annual sales were only 23.3 million to begin with.

Note that Samsung sells over 70 percent more phones than Apple but earns only half as much. In tablets, Samsung is moving about half as many units as Apple across an impossibly wide range of different models (and platforms) that can't possibly be making any money at all, even as the general demand for tablets bleeds away.

The world's third place tablet vendor by units is Amazon, with annual sales of 14.8 million units over the last four quarters. Amazon's sales are extremely seasonal however, with nearly all of its sales occurring during the Q4 holidays and on its Q3 Prime Day Sale, when it blew out units of a 7 inch model for under $30, as IDC noted.

The best IDC could say about Amazon's tablet business is that the company is now incorporating Alexa in the hopes of bolstering Amazon's retail sales. But we also know that Alexa is used mostly for playing music, that only a tiny 2 percent of its users have ever placed an order with it, and that 90 percent of those who have subsequently never tried to place an order again.

The fifth largest tablet vendor is Lenovo (combined with a joint venture with Fujitsu), which collectively shipped 10.2 million units over the past four quarters. IDC also counts another 48.8 million tablets from "other" vendors. However, this group of other tablet vendors reportedly shipped 65.9 million in the previous year, accounting for a 25.9 percent collective drop in units YoY.

Add in the top five vendors, and the entire global tablet market shrank by 9.2 percent YoY (from 170.1 million to 154.3 million units). Take out Apple's iOS tablets, and the market for Windows and Android tablets looks even worse: a 13.5 percent drop over the last four quarters, from 127.4 million to 110.2 million.Just as with smartphones, watches, and PCs, Apple is proving it can grow and profit within the shrinking, cutthroat tablet market

The fact that Apple's iPad sales are growing within a market that is shrinking significantly—and has been for the last four years—is particularly remarkable when you note that Apple's least expensive iPad is $329, or about ten times higher than the loss leader that accounted for much of Amazon's sales volumes (and a vast number of those "other" tablets).

Just as with smartphones, watches, and PCs, Apple is proving it can grow and profit within the shrinking, cutthroat tablet market.

In tablets, Apple is winning in units, in revenues, and in premium

All of the iPad boogeymen that IDC previously invented—"powerful" Windows tablets, cheap Androids, and then tablet indifference (the idea that customers really want a PC or a smartphone, but certainly not an iPad)—have not unseated Apple as the top vendor of tablets raking in tens of billions in revenue.

The last hope for some real iPad rival has been Microsoft's push to get PC makers to build a tablet-like device that runs Windows, which IDC named "Detachables," as distinct from notebooks or notebooks with a convertible display offering some tablet-like functions on a full sized PC notebook.

In 2015, IDC explicitly predicted that Windows Detachables would rapidly eat into iPads on the high-end, offering users a hybrid middle product that was more powerful than an iPad, but more tablet-like than a MacBook. Three years earlier, IDC had similarly predicted (again without any evidence) that Windows Phone would arrest demand for iPhones by 2016.

Both were a simple endorsement of Microsoft's strategy, without any data backing up the idea that the company was really stoking any demand among buyers. A major focus of Windows 8 and Windows 10 had been the addition of touchscreen features and a Windows Phone "Metro" interface to forge a new PC category that was sort of iPad-MacBook, to take on both the iPad and MacBook, after failing to successfully take on either iPad or MacBook alone.

This all happened before

The Microsoft-IDC strategy of Detachables (aka the "2in1") worked out about as well as when Samsung applied the same logic in competing with Apple's iPhone and iPad by releasing its 2011 Galaxy Note, a middle-sized mobile device that was a large phone and a small tablet in one box.

Critics hailed the new "phablet" and called it a success immediately after it shipped its first two million units. Yet like Microsoft's Detachables, interest was initially limited. And then once it appeared to be picking up steam, it ran into competition from Apple itself.

Apple launched its larger iPhone 6 models in 2014, crushing Samsung's high-end, larger phone business and forcing it into a much less profitable cheap territory of middle and lower-tier smartphones, where it has been stuck ever since.

A year after launching its own larger iPhones, Apple debuted the new iPad Pro. In its first full quarter of sales it dominated the Detachable PC market Microsoft had been trying to build up over the previous three years.

If Apple had only been able to quash one huge multinational rival and strip bare its competitive strategy, that would have been impressive. But to deftly strike down both, just one year apart, forcing both the world's largest handset maker and the largest platform licensing company to scramble up expensive new survival strategies while writing off losses as Apple stood on their faces and raked in all the profits is really quite remarkable.

Dispatching the PC Detachables

Last November, after years of hyping Detachables as the way Windows would take back the tablet market from iPads, IDC analysts noted that "growth in the detachable tablet market has been slower than expected," adding that "Apple and Microsoft are essentially the only two vendors supplying the category" while "other PC vendors champion the convertible PC form factor."

In other words, despite Microsoft's efforts to push Windows PC makers to build devices like its own Surface, those licensees preferred to build more conventional laptops with some tablet or touch features layered on top. That left Surface to be "essentially" the PC Detachable market.

The following quarter, IDC reported that the premium Detachable segment of tablets had reached 6.5 million units, chalking up 10.3 percent growth over the previous holiday season. Given that Microsoft reported only $1.3 billion in revenues for all of its Surface devices, that means that Apple, "essentially" the only other vendor, sold most of those in the form of iPad Pro.

The revenues Microsoft collected could only represent at best about 1.3 million Surface units (at an Average Selling Price of around $1,000). Further, the ten percent growth in Detachables that IDC reported certainly didn't come from Surface sales, because Microsoft's revenues over the holidays were virtually flat YoY.

On the other hand, Apple's holiday iPad revenues grew by ten times as much as Surface YoY while its holiday quarter iPad unit sales were flat. That means Apple's ASP increased, indicating that it sold a more premium mix of iPads, including the newly-refreshed mid-2017 iPad Pro models.

If Microsoft's Surface can't compete with iPad Pro, it makes it easy to see why other PC vendors are avoiding the same direct competition with Apple and instead marketing more conventional notebooks, a business they see as more secure and reliable.

Are tablets even relevant anymore?

Steve Jobs introduced iPad as a new device category between the iPhone and a notebook, noting that the only way it could stand on its own is if it could be much better at some tasks than either alternative.

Apple wasn't trying to replace the Mac with iPads. Instead, it has increasingly presented iPad as a replacement for basic PCs, with Macs serving the demand for more powerful computing tools above it.

While IDC inadvertently documented the floundering waves of would-be iPad competitors for years, in retrospect it's now clear that iPad serves a role that cheap Android tablets can't. In fact, after glutting the market with loss leaders, cheap Android tablets have fallen drastically and keep shrinking.

On the other end, Windows PCs acting as tablets have also failed to blunt the rise of iPad. Windows 10 was supposed to displace iPad demand with devices that could run "real" Windows software, but we simply haven't seen this happening. PCs are shrinking alongside tablets globally.

In fact, the only thing that has really decreased the sales of iPad have been Apple's own larger iPhone models, which clearly did erode the demand for smaller iPad minis after those smaller tablets peaked in popularity in 2014. This actually worked out pretty well for Apple, because larger iPhones command a much higher price than small iPads, are more profitable, and have a shorter replacement cycle.

At the same time, Apple has more recently pushed iPad into a stronger role with the new iPad Pro and iOS enhancements that made it a more powerful multitasker. These models are now bumping up into what was once the low-end of Apple's MacBook range. And in turn, Apple's Mac notebooks have incremented up into higher-end tiers with pro features including Thunderbolt's ability to connect multiple 4K displays and high speed storage—something even Microsoft's most powerful Surface Studio 2 stationary PC can't do.

Pew, Pew: tablets come out blazing

If there is any remaining doubt about the value of tablets after the collapse of cheap Androids, the fizzle of Windows RT, and the stagnant Surface, consider a detail of a recent study that was almost entirely overlooked.

Last week, a Pew Research study on internet and social media use found that after "long stretch of rapid growth in the United States," the number of people "who go online, use social media or own key devices" has plateaued over the last two years. This was widely reported. But there was one notable exception: a growth in tablet use. This wasn't widely reported.

While smartphones remained flat with a reported use by 77 percent of U.S. adults over the last two years, and desktop/laptop computers actually decreased from 78 to 73 percent of users, tablet use among American adults increased from 51 to 53 percent.

That's a slower rate growth among tablet users since the survey began tracking tablets in 2010 (when just 3 percent reported using one), but it indicates that use in the U.S. continues to grow even as the global market for tablet sales decreases.

Note that Apple's Mac sales are incrementing upward despite a significant drop in reported PC use over the last two years. Yet in tablets, use is increasing even as the market overall is shrinking. That strongly indicates that Apple is fueling that growth, in part by finding new uses for its tablets.

For consumers and education, Apple produces its own apps (including Garage Band, iMovie, Keynote, and Swift Playgrounds) and works to help developers build tablet-optimized titles that don't exist for Android and Windows. In the enterprise, Apple has similarly worked to forge relationships with IBM, Salesforce, Cisco, Deloitte, SAP and others to build solutions around iOS. It has also pursued initiatives such as Apple Business Chat.

The fact that Apple is uniquely fostering adoption for iPads as a premium device and in the enterprise—rather than simply throwing out tablet hardware to see if anyone will buy it—is reflected in other data Pew compiled.

While 53 percent of American adults use tablets, 58 percent of adults under 49 do. That indicates that tablets are even more popular among working age adults. Among users with a college education, tablet adoption had reached 66 percent. In households with an income of $75,000 or above, tablet adoption had reached 72 percent.

These demographics of working age, educated and more affluent users also reported higher adoption of smartphones and laptops (surpassing 90 percent of users). Pew referred to these numbers as "near saturation levels" for these technologies. It's become clear that in many markets, everyone who wants a smartphone or laptop already has one, meaning that Apple is now largely selling replacements and Services to an installed base.

However, the high (but relatively lower) use of tablets—and their growth in use over the last two years—indicates that Apple still has a significant potential for selling iPads to new users even in the U.S. And in other countries, that demand is even higher.

While Apple continues to step up its game in tablets, Microsoft has shifted its initial Surface portfolio from its initial, more tablet-like range to a series of devices that look and work more like a conventional notebook. It advertises Surface against MacBooks rather than iPads. Clearly, Microsoft doesn't see much potential in a pure tablet product.

Google went even further, dumping its Pixel tablet strategy entirely—after PC vendors including Dell and HP first threw in the towel on their Android tablets.

IDC still carefully avoids revealing its estimates for Apple's iPad Pro, or making any direct comparison to Microsoft's Surface sales, but at least the IDC's pantheon of iPad boogeymen have been put to rest for a more realistic appraisal of the tablet market—at least for now. It only took eight years.



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