What should they do with the company, Michael?

The company Michael Dell said should be sold off and the money given to its shareholders is kicking his butt:

Overall customer satisfaction with the PC industry is unchanged from a year ago at 74, but changes within the industry give Apple a commanding lead. The PC maker maintains big improvements from 2003 and 2004, holding at 81 for a second year. Apple’s sales are up 33%, net income has grown 300% and its stock price has nearly tripled over the past year. A slew of product innovations and an emphasis on digital technologies and customer service have been very successful for Apple with a high degree of customer loyalty as a result.

Dell is a different story. Based on a strategy of mass customization, the #1 PC maker worldwide has been a leader in customer satisfaction for several years. This quarter, it suffers a sharp drop in ACSI, down 6% to 74. Customer service in particular has become a problem, and service quality lags not only Apple but also the rest of the industry. Customer complaints are up significantly with long wait-times and difficulties with Dell’s call-center abound. Still, competitive pricing as a result of Dell’s direct-sales business model keeps overall customer satisfaction slightly above other competitors, with the exception of Apple. Whether Dell’s declining satisfaction will have a negative impact on the company’s stock performance remains to be seen; however, ACSI history has shown that changes in customer satisfaction often signal similar changes in future financial performance. Apple’s stock price is up 35% for the year-to-date, whereas Dell’s is flat.
[Via MacInTouch, emphasis in quoted text added. –R]