Why Michael Dell Is Pumped About 2021
Dell Technologies record-breaking $94.2 billion fiscal year 2021 is just the beginning, according to company founder and CEO Michael Dell, with bullish plans in store for this year including an upcoming server launch.
“We have a pretty big server announcement coming up with respect to PowerEdge and our 15th generation here very soon. We’re excited about that,” said Dell in an interview with CRN.
The Round Rock, Texas-based infrastructure and PC giant increased its total annual revenue by 2 percent to $94.2 billion in fiscal year 2021, which ended Jan. 29, as Dell Technologies weathered the global COVID-19 pandemic better than many critics expected. Dell’s PC business delivered record annual sales of $48.4 billion as the company is flourishing in the new remote work and remote learning era.
Dell’s stock is currently trading at all-time highs of over $88 per share, representing a more than 200 percent increase since March 2020.
In an interview with CRN, Michael Dell speaks about continuing its tight partnership with VMware, why PC sales will increase in 2021 and Dell’s as-a-service vision with Project Apex.