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2021-11-24

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Dell's quarterly profit more than quadruples on strong PC demand

Laptop maker Dell Technologies Inc(DELL.N)said on Tuesday profit surged more than four-fold in the t

Dell's quarterly profit more than quadruples on strong PC demand

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href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-24 06:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Laptop maker Dell Technologies Inc(DELL.N)said on Tuesday profit surged more than four-fold in the third quarter, as demand for its personal computers and servers was boosted by businesses increasingly adopting hybrid work models.</p>\n<p>With the COVID-19 pandemic disrupting in-person activity across many industries, millions of consumers have started to work and learn from home resulting in the need for better and faster computers.</p>\n<p>Revenue at Dell's client solutions unit, home to its hardware devices, rose 35% in the quarter on an operating income of $1.1 billion.</p>\n<p>Dell benefits from having a diverse 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which owned 81% of the software firm, to become a separate publicly traded company on Nov. 1.</p>\n<p>Its&nbsp;stocks&nbsp;rose&nbsp;more&nbsp;than&nbsp;1%&nbsp;in&nbsp;extended trading.<img src=\"https://static.tigerbbs.com/6157c8d77e5e6c8c99de13ec86168001\" tg-width=\"769\" tg-height=\"570\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127476257","content_text":"Laptop maker Dell Technologies Inc(DELL.N)said on Tuesday profit surged more than four-fold in the third quarter, as demand for its personal computers and servers was boosted by businesses increasingly adopting hybrid work models.\nWith the COVID-19 pandemic disrupting in-person activity across many industries, millions of consumers have started to work and learn from home resulting in the need for better and faster computers.\nRevenue at Dell's client solutions unit, home to its hardware devices, rose 35% in the quarter on an operating income of $1.1 billion.\nDell 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.\nRevenue from its infrastructure solutions group, which includes the data center business, was up 5% at $8.4 billion in the quarter.\nTotal revenue jumped 21% to $28.39 billion, compared with analysts' average estimate of $26.82 billion, according to Refinitiv data.\nThe company's net income surged to $3.89 billion, or $4.87 per share, in the third quarter ended Oct. 29, from $881 million, or $1.08 per share, a year earlier.\nMeanwhile, rival PC-maker HP Inc(HPQ.N)also reported a quarterly profit that more than quadrupled to $3.09 billion, and said its personal systems unit posted a 13% rise in revenue.\nDell's freshly spun off cloud computing unit VMware posted a 10% rise in revenue during the quarter.\nVMWare completed its spinout from Dell, which owned 81% of the software firm, to become a separate publicly traded company on Nov. 1.\nIts stocks rose more than 1% in extended trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1725,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":24,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Dell's quarterly profit more than quadruples on strong PC demand

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