Latest Michael Dell Stories
Managers in the world's fastest-growing economies place a very high value on the role of information and communications technology (ICT) in business and its effect on operational efficiency.
By Laurie J. Flynn Dell has warned that a slowdown in technology spending in the United States has begun to spread to Asia and Europe. The warning came on Thursday as the computer maker stunned investors with a 17 percent decline in quarterly profit.
Dell's turnaround plan veered off course during the summer. The PC maker reported on Aug. 28 that its fiscal second-quarter profits slumped 17% on aggressive price cuts, and the company warned of up-and-down profit margins for the next several quarters.
Dell reported fiscal second quarter revenue of $16.4 billion, up 11 percent year-over-year and driven by a 19 percent increase in worldwide product shipments. Earnings per share were $0.31 and cash flow from operations was $1.1 billion.
Dell Chairman and CEO Michael Dell will address investors at the Citi Technology Conference in New York on Wednesday, September 3. Mr. Dell will talk about the company's strategic priorities with Richard Gardner, Citi's Managing Director, U.S.
By HASLINDA AMIN; MARK LEE CUTLINES Michael Dell, chairman and CEO of Dell Inc., says his Round Rock, Texas-based company is depending on sales of personal computers overseas, including developing countries. The PC maker plans to add retail partners in India, France and South Korea.
Dell said it expected industry computer sales worldwide in the second half of this year to exceed those in the first half as slowing economic growth globally drove demand for efficiencies.
Computer maker Dell Inc. predicts that the needs of so-called digital nomads will drive sales of laptops to over one billion within the next five years.
Inspired by close collaboration with nearly 4,000 IT professionals and end users, Dell today announced a completely new line of Latitude and Dell Precision laptops, ranging from the lightest ultra-portable in the company's history to the most powerful mobile workstation.
Dell has met its carbon neutral goal ahead of schedule, achieving a major milestone in its commitment to be the 'greenest' technology company on the planet and fulfilling a pledge to operate efficiently, maximize investment in green power and responsibly offset remaining impacts.
- Stoppage; cessation (of labor).
- A standing still or idling (of mills, factories, etc.).