Submitted by “A new investor lawsuit against Dell accuses the computer maker of improperly accounting for hundreds of millions of dollars in payments from long-time partner Intel, a plaintiffs’ attorney said on Friday. The lawsuit accuses Dell of artificially inflating profits “by secretly receiving approximately $250 million a quarter in likely illegal rebate kickbacks payments” from Intel in return for an exclusive deal to purchase Intel’s microprocessors, class-action lawyer William Lerach told Reuters.
..that’ll play right into the hands of AMD’s lawyers.
I’m amazed it took this long.
I better not type anything because I might be accused of supporting Mr. Dell’s practices. <Grin>.
I hate to defend a company I despise, like Dell, but I don’t think taking this kind of incentive is wrong. If Intel paid MY company to use their chips, I would do it. Why not?
I certainly agree with you. How is it not in an investor’s best interest to play with the guy with the fatter wallet anyway?