Feeds

Dell: 'We will out-pace the rest of the industry'

Faster than the slow

Internet Security Threat Report 2014

Dell claims it will out-pace the rest of the PC industry this year. But that may not be much of a boast. The company doesn't know whether the industry is actually on the way up.

"For the first nine months of this year, according to IDC, Dell grew a few points faster than the overall industry for our unit growth," Michael Dell told Reuters this morning. "We expect for the full year, Dell will grow faster than the industry."

The prodigal CEO also told a room full of reporters that the company has axed the 8,900 jobs it recently said it would ax and that it plans on spending its extra cash to acquire other companies.

Last month, the number two PC maker warned that in Q3, a "further softening" of demand would hit Europe and Asia as well as the US. So saying it will out-pace the rest of the industry may not be saying much.

At the end of August, Dell posted a surprise 17 per cent profit drop.

The company boasts that sales have jumped 30 per cent in China and Hong Kong this year, but Dell China vice president Alex Yung told Reuters that the future is uncertain. "Honestly, how things will turn out next year is hard to say," he said. "We don't know what kind of policy the Chinese government will come up with. If they continue to encourage domestic consumption, we wouldn't be too worried."

Michael Dell isn't worried. At least not publicly. But despite his braggadocio, his company's stock price is down 6 per cent today in NASDAQ trading. ®

Beginner's guide to SSL certificates

More from The Register

next story
PEAK APPLE: iOS 8 is least popular Cupertino mobile OS in all of HUMAN HISTORY
'Nerd release' finally staggers past 50 per cent adoption
Tim Cook: The classic iPod HAD TO DIE, and this is WHY
Apple, er, couldn’t get parts for HDD models
Apple spent just ONE DOLLAR beefing up the latest iPad Air 2
New iPads look a lot like the old one. There's a reason for that
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Microsoft fitness bands slapped on wrists: All YOUR HEALTH DATA are BELONG TO US
Wearable will deliver 'actionable insights for healthier living'
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Caterham Seven 160 review: The Raspberry Pi of motoring
Back to driving's basics with a joyously legal high
Back to the ... drawing board: 'Hoverboard' will disappoint Marty McFly wannabes
Buzzing board (and some future apps) leave a lot to be desired
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.