Dell's quarterly revenue misses estimates on PC weakness

Quick Summary:

:Dell missed Wall Street expectations for third-quarter revenue on Tuesday, weighed down by weaker demand for its traditional PCs and stiff competition from rival server makers, sending its shares down more than 10 per cent in extended trading.

The company reported revenue of $24.

The company is also betting on new AI PCs to boost its traditional computer business.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Missed Demand Servers Company Server Dell Weaker Revenue Cent Traditional Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 05:08:46 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23898896

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 36 posts per day

Year Established: 1999

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News Last Updated: 2 hours ago

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