Mentioned within Dell's (DELL) FQ3 call and earnings slides: The company admits price pressure...

|About: Dell Inc. (DELL)|By:, SA News Editor

Mentioned within Dell's (DELL) FQ3 call and earnings slides: The company admits price pressure is hurting PC margins in spite of Dell's willingness to cede low-end share; it evaded a question about whether declining scale is also hurting. Native Dell storage sales fell 3% Y/Y, missing expectations. European and government demand remains weak, and emerging markets were especially soft (Lenovo could be a reason why). Services backlog totaled $15.8B, +2% Y/Y but -3% Q/Q. DELL -2% AH. HPQ -0.5%. (FQ3: I, II)