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

HomeTrends
Datamation Staff
By Datamation Staff

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.

Previous article
Judge Not Satisfied With Google’s Disclosures Over Commenter Pay
Next article
Rackspace Boosts Cloud Offerings with Monitoring Service

Similar articles

Get the Free Newsletter!
Subscribe to Data Insider for top news, trends & analysis
This email address is invalid.
Get the Free Newsletter!
Subscribe to Data Insider for top news, trends & analysis
This email address is invalid.

Latest Articles

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation’s focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.

Advertisers

Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.

Advertise with Us

Menu

Our Brands

Property of TechnologyAdvice.
© 2023 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.