Dell kept its No. 1 position in the worldwide enterprise external OEM storage systems market with first quarter 2021 revenue of $2.160 billion, which according to IDC was down a mere 0.1 percent from its revenue in the prior year of $2.162 billion. That was good enough to give Dell a 32.3-percent share of the market, beating the share of its next four closest competitors.
The drop in Dell’s external OEM storage system revenue was in line with what the company experienced with overall storage sales. Dell on May 27 reported total storage sales for its fiscal first quarter 2022, which ended April 31, of $3.802 billion, down slightly from the $3.811 billion it reported the same period last year. This is not a new situation for Dell. The company hasn’t reported year-over-year storage revenue growth since its third fiscal quarter 2020, which ended Nov. 1, 2019.
Dell during the quarter introduced its Apex Data Storage Services, the company’s new as-a-service portfolio of scalable and elastic storage resources giving customers a choice of data service, performance tier, base capacity, subscription term, and location of the storage, and with cost based on use.