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. ®

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.