Dell down because of slashed prices
After reporting second-quarter sales that missed analysts' estimates, computer maker Dell has indicated that revenue will fall short again this quarter.
After reporting second-quarter sales that missed analysts' estimates, computer maker Dell has indicated that revenue will fall short again this quarter.
That is because the company has slashed computer prices to win market share. Sales at Dell rose 15 per cent to $13.4 billion (€10.7 billion) in the quarter ended July 29, $200 million (€160 million) short of the company's lowest forecast.
Net income rose 28 per cent to $1.02 billion (e0.82 billion), or 41 cents a share, from...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published