Saturday, April 17, 2021

Dell’s Profits Plummet by 18% as PC Sales Slump

The Guardian: For its second fiscal quarter, Dell report that net income fell 18.5 percent and revenue was down 7.5 percent. The company also warned that its third quarter results would be worse than previously expected, down 2 to 5 percent.

Much of the blame for the poor quarter fell on the company’s sluggish PC sales. In fact, consumer PC revenue was the lowest in five years–$2.6 billion. In addition, Dell’s Global Large Enterprise division experienced a 1 percent drop in revenue and a 3 percent decrease in income.

Similar articles

Latest Articles

IT Planning During a...

Without a doubt, 2020 changed everything. I like to compare it to a science fiction movie where time travel is involved. Clearly, we have...

Best Data Quality Tools...

Data quality is a critical issue in today’s data centers. The complexity of the Cloud continues to grow, leading to an increasing need for...

NVIDIA’s New Grace ARM/GPU...

This week is NVIDIA’s GTC, or GPU Technology Conference, and they likely should have changed the name to ATC because this year – it...

What is Data Segmentation?

Definition of Data Segmentation Data segmentation is the process of grouping your data into at least two subsets, although more separations may be necessary on...