Surprise: Dell Inc. (NASDAQ:DELL) no more exists in international smartphones and Android market

Dell Inc. (NASDAQ:DELL) declared that it is leaving the international smartphone market as it needs huge investment before becoming successful. On the other hand, the company stated that it will continue to build Windows 8 tablets and laptops.

The company has taken decision that it doesn’t want, or can’t get, a slice of the smartphone market. It was announced by the company’s VP of Global Operations, Jeff Clarke,that the company has departed entirely from the business of building smartphones and using Android.

Dell’s this decision brings a surprise for everyone as now a days the PC market share declined, Android’s market share escalated and the smartphone business has the potential to be worth $150 billion in next 2 years.

Dell’s headline event of the year is currently being held in Austin, Texas. According the company’s VP of Global Operations it had no plans to re-enter the market in the coming time period as it needs massive investments to really be successful.

At the close of the trading day, Dell Inc. (NASDAQ:DELL) shares fell -0.38% to settle at $10.53. Intraday trading was between $10.43 – $10.75.  In the past year, the stock has traded within a range of $8.69 – $18.36. The last session’s volume of 16.85 million shares was down from the average daily trading volume of 26.46 million shares.

Silicon Graphics International Corp (NASDAQ:SGI) shares were down -1.63% to close at $578.23. The stock traded between $9.04 – $9.19 during the last trading session.  In the last 12 months the shares have traded between $5.02 and $14.93. The last session’s volume of 98,814 shares was a bit lower than their average daily trading volume of 215,554 shares.

Hewlett-Packard Company (NYSE:HPQ) shares in the last session were down -0.21% closing at $14.50. The stock traded in a range of $14.36 – $14.81.  In the last year the stock has moved within a range of $11.35 – $30.00. The last session’s volume of 26.31 million shares was down from their average daily trading volume of 34.69 million shares.

Another rival company Super Micro Computer, Inc. (NASDAQ:SMCI), traded down -1.49% moving to $9.30. Intraday trading recorded the stock price in a range between $9.26 – $18.87.  In the previous 52 weeks the price has traded between $7.85 – $18.87. The last session’s volume of 142,836 shares was down from their average daily trading volume of 194,522 shares.