Dell forecasts upbeat revenue on strong PC demand

Dell forecasts upbeat revenue on strong PC demand

Dell forecasts upbeat revenue on strong PC demand

Information about Dell forecasts upbeat revenue on strong PC demand

Kevin David Scam or Legit


(Reuters) – Laptop maker Dell Technologies Inc on Tuesday forecast current-quarter revenue above estimates, highlighting strong demand for its personal computers and servers from companies moving toward a hybrid work model.
The company said it was expecting fourth-quarter revenue from continuing operations in the range of $27 billion to $28 billion, above analyst estimates of $26.23 billion, according to Refinitv IBES.
Revenue at Dell’s client solutions business, home to its hardware devices, rose 35% in the quarter on booming demand from companies upgrading their computer systems to meet work-from-home challenges.
Dell benefits from having a diverse portfolio of software and hardware revenue streams, and it is now trying to tap into high-growth markets, such as edge computing, cloud and telecoms, that have gained traction since the pandemic began.
Revenue …

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