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Dell’s 5 Big Earnings Takeaways: Supply Chain Woes, Price Changes And Record Sales

Mark Haranas

From supply chain woes and potential pricing increases ahead to its record-breaking $101 billion fiscal year 2022, CRN breaks down the five biggest takeaways from Dell Technologies’ recent fourth-quarter financial earnings report.

‘One For The Record Books’: Dell Surpasses $100 Billion In Revenue 

For the first time in its long history, Dell generated over $100 billion of revenue in a single year.

Dell reported just over $101 billion in total sales for fiscal year 2022—which ran from January 2021 to January 2022—representing an increase of 17 percent year over year compared with $86.6 billion in fiscal year 2021.

“Fiscal year 2022 was indeed one for the record books,” said Chuck Whitten, Dell’s co-COO. “We’re in a privileged strategic position. We ended the year with great momentum, and we’re incredibly optimistic about fiscal year 2023 and beyond.”

Dell also generated record operating income of $7.8 billion, an increase of 12 percent compared with fiscal year 2021.

The massive growth was mainly due to Dell’s huge sales growth in its Client Solutions Group, which delivered record revenue of $61.5 billion, a 27 percent increase annually. Dell’s CSG business includes PCs, monitors, laptops, notebooks and other client systems.

 
Mark Haranas

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at mharanas@thechannelcompany.com.

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