Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Wu Yanzu in South China and Mr. Aviation for their clue delivery! CTOnews.com June 2 news, Dell announced results on Thursday, although the PC market is weak, but the decline in sales targeted at enterprises is not as severe as expected, revenue is better than analysts' estimates, and improved cost control also helps earnings exceed expectations, which is a positive sign for PC manufacturers.

▲ source: Dell reported that Dell's revenue for the quarter was $20.9 billion (CTOnews.com Note: currently about RMB 148.39 billion), down 20% from the same period last year, less than the average analyst estimate of 22%. Net profit was $578 million (currently about RMB 4.104 billion), down 46% from the same period last year. Earnings per share, excluding some items, were $1.31 (currently about 9.301 yuan), higher than the 85 cents forecast by analysts.

▲ source: Dell pointed out that corporate PC sales exceeded expectations, and the business generated revenue of $9.86 billion (currently about 70.006 billion yuan), much better than the expected $9.06 billion (currently about 64.326 billion yuan). The consumer PC business is not optimistic, with sales of $2.12 billion (currently about 15.052 billion yuan), down 41% from a year earlier and lower than the estimated $2.3 billion (currently about 16.33 billion yuan). Revenue from the solutions division, which includes server, storage and network infrastructure, was $7.59 billion (currently about 53.889 billion yuan), down 18% from a year earlier, in line with analysts' expectations.

Source of ▲ drawing: Dell

This reflects PC sales are still in the doldrums. CTOnews.com noted that market research firm Gartner pointed out in April that PC shipments fell sharply between October last year and March this year after the end of the buying spree for home and office equipment during the outbreak. Dell's competitor Hewlett-Packard previously reported that its PC sales were also lower than expected. HP predicts that PC sales will pick up in the second half of the year.

Dell vice president Yvonne McGill said on a conference call that second-quarter revenue would be between $20.2 billion and $21.2 billion (currently about 150.52 billion yuan). The median analyst estimate is $21.2 billion. Woo Jin Ho, an industry research analyst at Bloomberg, believes the performance could mean that the company's sales have hit bottom and will begin to pick up slowly.

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