Dell Earnings Steady, Despite Notable Slump in Server Sales

Lincoln Wylie

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“The cycle time on prospects is obviously longer”

Dell shares fell today just after the Pc and server specialist documented effectively flat earnings, with a 35 % fall in server product sales in China for the quarter softened by sturdy Pc and other peripheral shipments.

Complete calendar year revenue was $92.two billion, up two %. Web revenue was $five.five billion, up sharply from a $two.1 billion reduction in fiscal 2019.

The optimistic profitability arrived inspite of a chunky 19 % decline in servers and networking revenue for the quarter, to $four.three billion.

The business attributed the server slump – part of an in general 11 quarterly % decline across its ISG (infrastructure) group – which accounts for just more than a third of annual revenues at Dell – to “price aggressiveness” on numerous bid prospects that has remaining it “selective in in which we have picked to

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