TheStreet.com TV Recap: Can't Compare Apples to Dells
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The return of Michael Dell to his namesake company can't be compared to Steve Jobs' return to Apple(AAPL Quote), Jim Cramer said on TheStreet.com TV's Wall Street Confidential Web video Friday.
"Jobs is a creative force," he told Gregg Greenberg, the host of Wall St. Confidential. "Dell is an efficiency of time and implementation and equipment force -- an operations guy."
Cramer said he fails to see how Dell(DELL Quote) is going to be able to maintain margins, especially with increased competition from Acer and Lenovo, two growing names in the PC market. (Dell was in the news yesterday when it announced it had discovered some accounting irregularities.
"I have not been on the bandwagon that you have to buy Dell now that Michael Dell is back," he said. "And I was on the bandwagon that you have to buy Apple because Apple is a fashion play and you are able to charge a lot of money if you have a fashionable product." ...
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