Biz: SEC settlement: Dell pays for pumping up earnings with Intel’s money
- $4.3 billion the amount Dell reportedly received from Intel from between 2003 and 2007 for using their chips exclusively
- $100 million the amount Dell has to pay in fines today; the Intel fees are subject of antitrust inquiries source
- » Don’t forget: This was largely the same era during which Dell knowingly sold millions of computers with 97 percent failure rates. So if you want to talk about business practices which eventually led to lawsuits and SEC settlements, look no further than Dell circa 2005.
