Update: Web 2.0 Summit Photos & Video added.
Michael Dell, the founder, chairman and chief executive officer of the multinational technology outfit Dell has assured that the company is not going to abandon its PC business, despite the fact that an overwhelming majority of Dell's revenues come from its business customers only.
These comments from the 44th richest man in the world has come at a time when its arch rival Hewlett-Packard is going through some rather tough time, thus leaving Dell with a golden opportunity to strengthen its foot-hold in the consumer PC market even further.
Mr. Dell also took the opportunity to distance himself from the comments he made about the iPhone maker Apple over a decade back in 1997.
Speaking at the Web 2.0 Summit hosted in San Francisco, the CEO of Dell said: "The consumer business at Dell has always been the smallest of the businesses, even though from a marketing and communications standpoint it made the largest noise," according to a PC Mag (opens in new tab) report.
"We're completely committed and we're not going to change our mind about that. And we're sure about that, by the way," Mr. Dell added.