Feeds

No PC slowdown, says Dell

He's not reading from the same script as the CompaQ Three, evidently

  • alert
  • submit to reddit

Security for virtualized datacentres

Michael Dell, thirty-something billionaire chairman of a certain well-known PC vendor, has said he sees no sign of a slowdown in the PC market. While sales in Europe were growing slower than in the US, Dell said that sales into Asia were looking particularly strong. He was speaking during a broadcast Q&A from the offices of US brokers Edward Jones. He claimed that Dell is now worth around $6 billion in Europe and that it is now level-pegging with Compaq for the number one spot in the UK PC sales chart. He said that Dell Europe is as big today as the whole of Dell was only three and a half years ago. "In Europe, we have a business that's roughly $6 billion in size. Essentially, in the UK, we're pretty much tied for number one. We actually have more market share in the UK than we do in the US. Our models work better there than in the US. The interesting thing to me is that we've been able to continue growth at a very elevated rate even in a mature, supposedly competitive market." Dell pooh-poohed any notion that the PC market is in decline, casting a poor light on many of his company's rivals in so doing. Of late, Compaq has picked up the nasty habit of blaming poor financials on the supposed fact that the PC market has begun to stagnate. But if Dell is to be believed - and Wall St seems to believe him - something is wrong with Compaq's explanations. "The PC business to me looks like it's alive and thriving. We have a 10 per cent market share globally. We think we can grow that considerably over the next several years," he said. ®

Security and trust: The backbone of doing business over the internet

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.