Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Avaya Newsroom Experiences That Matter Cisco Partner Summit Digital 2020 Cyber Resilience Zone HPE Zone The Business Continuity Center Enterprise Tech Provider Masergy Zenith Partner Program Newsroom HP Reinvent Digital Newsroom Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom Intel Partner Connect 2021 NetApp Digital Newsroom The IoT Integrator Intel Tech Provider Zone NetApp Data Fabric WatchGuard Digital Newsroom

Dell Earnings Preview: 5 Biggest Things To Focus On

From storage drops and PC growth to Apex and VMware’s new CEO, here are the five biggest things to watch for during Dell Technologies’ first quarter 2022 financial earnings report tomorrow.

Back 1 ... 3   4   5   6   Next

Dell’s CSG Sales Likely To Reach $12.8 Billion

Dell’s Client Solutions Group (CSG) – which includes desktop PCs, Chromebooks, notebooks, thin clients, printers, monitors and accompanying software and security – is coming off a record fourth quarter 2021. Dell generated a record breaking $13.8 billion in fourth quarter CSG revenue, up a whopping 17 percent year over year.

Dell’s massive success in the PC space stems from global demand skyrocketing during the global COVID-19 pandemic, which created a remote learning and work surge. However, as more schools and offices open back up for in-person, the question remains if the pace of global PC demand will continue.

In an interview with Michael Dell in March, the CEO said he expects PC demand to continue for the foreseeable future.

“There still are millions of children around the world who still need PCs, we estimate 16 million in the United States alone don’t have either the right device or right kind of access. Right now, there’s a lot of focus on infrastructure at the federal government level and that includes broadband infrastructure, particularly rural broadband. There will be great opportunities continuing this year and beyond,” Dell told CRN. “We believe the PC demand environment will continue to improve, it’s already off to a strong start.”

In February, Dell Technologies projected its CSG business to show continued “solid” demand with industry demand potentially outpacing supply. Dell expected CSG revenue growth to be in the mid-teens year over year. In first quarter 2021, Dell’s CSG business generated $11.1 billion, meaning a 15 percent increase would put CSG sales at nearly $12.8 billion.

Back 1 ... 3   4   5   6   Next

sponsored resources