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Dell Inc. (DELL)

DELL is defunct since October 29, 2013. Acquired by Silver Lake Partners
  • Aug. 23, 2012, 9:54 AM
    Dell (DELL -2.3%) is making new multi-year lows in response to HP's FQ3 report, adding to the bludgeoning the company saw yesterday due to its own earnings report. Other PC-related names are also lower: INTC -1.7%. MSFT -1.3%. AMD -2.2%.  The consumer and enterprise receptions to Windows 8, which has received very mixed (I, II) initial reviews, are now more important than ever.
    | Aug. 23, 2012, 9:54 AM | 31 Comments
  • Aug. 22, 2012, 10:20 AM
    Dell (DELL -6.5%) is receiving plenty of negative commentary after a Q2 revenue miss and guidance cut bring shares near their 52-week low.  "Where do we find the lost revenues and profits from the PC world? Are they in Washington? Greece? Cupertino?," Needham rhetorically asks, while arguing Windows 8's success is now critical. Goldman (Sell) notes EPS wouldn't have beaten estimates if not for one-time tax and margin benefits. HPQ -2%. INTC -1.1%. AMD -2%. (more) (transcript)
    | Aug. 22, 2012, 10:20 AM | 1 Comment
  • Aug. 22, 2012, 9:10 AM
    Premarket gainers: SRZ +59%. BKD +9%. QIHU +9%. WSM +9%. CHS +8%. AEO +6%. TOL +5%. ALXA +5%.
    Losers: PPHM -7%. EXPR -7%. CLWR -6%. DELL -6%.
    | Aug. 22, 2012, 9:10 AM | Comment!
  • Aug. 21, 2012, 6:15 PM
    More on Dell's (DELL) FQ2: If there's a bright spot to the report, it's enterprise solutions, which (ahead of a leadership change) has grown to account for 34% of revenue and over 50% of gross profit. The division has its challenges - storage sales growth missed expectations, and application/BPO services revenue fell 7%. But it also saw server sales increase 8%, and networking sales 94% (39% exc. Force10). Also, Dell's services backlog rose 5% Y/Y to $16.3B. (more)
    | Aug. 21, 2012, 6:15 PM | 1 Comment
  • Aug. 21, 2012, 5:56 PM
    Discussing its ugly FQ2 PC sales, Dell mentioned on its earnings call it's seeing heavy price pressure on the low-end, and reiterated its willingness to lose share to maintain margins. But to what extent are Dell's pricing challenges the result of an inferior cost structure, given the benefits Lenovo and others are deriving from controlling manufacturing? Dell's low-end PC weakness was a big reason why sales to BRIC markets fell 15% Y/Y. DELL -4.5% AH. (presentation - PDF) (more on DELL)
    | Aug. 21, 2012, 5:56 PM | Comment!
  • Aug. 21, 2012, 4:42 PM
    H-P (HPQ), which reports tomorrow, is down 2% AH in response to Dell's (DELL) revenue miss and bleak guidance. Dell's weak PC sales figures have to be especially worrisome, especially since they follow a revenue miss from Acer. Lenovo posted better results recently, but it has been gaining share for a while. Intel (INTC) and AMD are off slightly.
    | Aug. 21, 2012, 4:42 PM | 1 Comment
  • Aug. 21, 2012, 4:28 PM
    More on Dell's FQ2: Consumer revenue -22% Y/Y, much worse than FQ1's 12% drop. Public revenue -6%, large enterprises -3%, SMBs -1%. Enterprise solutions/services (boosted by acquisitions) was up 6%, with servers/networking up 14%. But notebooks -19% (losing share), desktops -9%, software/peripherals -9% (ditto). Revenue drops in all geographies. Gross margin of 21.6%, up 30 bps Q/Q and down 90 bps Y/Y. $400M of shares repurchased (boosted EPS). DELL -3.9% AH. CC at 5PM ET (webcast). (PR)
    | Aug. 21, 2012, 4:28 PM | 2 Comments
  • Aug. 21, 2012, 4:06 PM
    Dell (DELL): FQ2 EPS of $0.50 beats by $0.05. Revenue of $14.48B (-8% Y/Y) misses by $170M. Expects FQ3 revenue to decline 2%-5% Q/Q (consensus is for a 2.6% increase). Expects FY13 (ends Jan. '13) EPS of at least $1.70, below a $1.91 consensus. Shares -2.4% AH. (PR)
    | Aug. 21, 2012, 4:06 PM | 8 Comments
  • Aug. 21, 2012, 3:55 PM
    Ahead of this afternoon's FQ2 report, Dell (DELL -2%) has reportedly hired former H-P (HPQ) networking chief Marius Haas to be the head of its enterprise solutions business, which covers servers, storage, and networking gear. Haas, who oversaw H-P's acquisition of 3Com and its emergence as an Ethernet switch rival to Cisco, is apparently replacing current ES boss Brad Anderson. The shakeup could be a sign things aren't going swimmingly for the division. (more) Update: Dell has confirmed Haas' hiring and Anderson's departure.
    | Aug. 21, 2012, 3:55 PM | Comment!
  • Aug. 21, 2012, 12:10 AM
    Notable earnings after Tuesday’s close: ADI, DELL, EXM, INTU, QIHU, WSM
    | Aug. 21, 2012, 12:10 AM | Comment!
  • Aug. 20, 2012, 7:07 PM
    Hungry to reduce their PC dependence, Dell (DELL) and H-P (HPQ) are unveiling new thin client hardware meant to work with VMware View, a desktop virtualization solution. Thin clients have been steadily gaining corporate supporters, thanks to their ability to lower management costs compared with regular PCs, and to centralize data. (Dell PR) (H-P PR)
    | Aug. 20, 2012, 7:07 PM | 2 Comments
  • Aug. 20, 2012, 5:35 PM
    Notable earnings after Tuesday’s close: ADI, DELL, EXM, INTU, QIHU, WSM
    | Aug. 20, 2012, 5:35 PM | Comment!
  • Aug. 20, 2012, 4:33 PM
    Acer (ASIYF.PK) fell 2.6% in Taipei after reporting Q2 revenue of NT$111B ($3.7B) and net income of NT$56M ($1.9M), below consensus forecasts. The world's #4 PC maker said demand from China, thus far a bastion of strength, is now softening, and that it now expects global 2012 shipment growth of just 0-5%. Nonetheless, beaten-down rivals Dell (DELL +2.8%) and  H-P (HPQ +2.9%) rallied ahead of their earnings reports, respectively due tomorrow and Wednesday.
    | Aug. 20, 2012, 4:33 PM | 2 Comments
  • Aug. 17, 2012, 10:54 AM
    Tech companies are getting quite frustrated with India's business climate. "Doing business in India is difficult because the problem is there are too many decision makers," complains Dell's (DELL) Asia-Pac chief. "We continue to see India challenged largely self-inflicted by their own internal issues," said Cisco's (CSCO) John Chambers during Wednesday's earnings call. Multinationals in general have complained about retroactive taxes, infrastructure problems, unclear investment rules, and much else.
    | Aug. 17, 2012, 10:54 AM | 2 Comments
  • Aug. 16, 2012, 5:30 PM
    Dell (DELL) receives more cautious comments (previous) ahead of Tuesday's FQ2 report, albeit from analysts reiterating Buys. Brean Muray's PC checks lead it to believe Dell will guide below consensus, while Stifel thinks industry conditions need to improve before shares rally. The comments came after Lenovo (LNVGY.PK) gained 6.3% in Hong Kong thanks to another strong earnings report: revenue rose 35% Y/Y to $8B, and the company is closing in on unseating H-P (HPQ) as the world's #1 PC vendor.
    | Aug. 16, 2012, 5:30 PM | Comment!
  • Aug. 15, 2012, 6:56 PM
    Among S&P's reasons for downgrading Dell (DELL) to Hold: the firm thinks PC demand will remain weak; believes Dell's PC share will be further eroded (previous) by the arrival of tablet/notebook hybrids; is worried soft public sector demand will take a toll; and expects operating margins to decline due to price pressure and declining scale. With Dell trading at less than 5x this year's estimated EPS (exc. net cash), the Steet is clearly concerned it's staring at a declining business.
    | Aug. 15, 2012, 6:56 PM | Comment!
Company Description
Dell listens to customers and delivers innovative technology and services they trust and value. As a leading technology company, we offer a broad range of product categories, including mobility products, desktop PCs, software and peripherals, servers and networking, services, and storage.... More
Sector: Technology
Country: United States