Careers & Certifications

07:55 PM
Connect Directly
RSS
E-Mail
50%
50%

Dell's Storage Sneaks Up

Confronted with a tough PC market, Dell throws more weight behind storage

Dell, which is desperate to make its presence felt in the storage market, posted a solid set of third quarter results last night, with storage growth outpacing the vendor's PC business.

The vendor's third quarter revenues were $15.6 billion, up 9 percent on the same period last year, and above analyst estimates of $15 billion. Dell's earnings per share were 34 cents on net income of $766 million, up from 27 cents and $601 million in the year-ago quarter, although this was slightly below analyst estimates of 35 cents.

Dell's sales of desktop PCs actually declined 1 percent year-over-year, compared to the firm's server and storage divisions, where revenues grew 8 percent.

"Were making progress, but there is much more to be done," said Dell CEO Michael Dell, on a conference call last night, highlighting, in particular, opportunities in the consumer, SMB, and enterprise markets.

In the SMB space, Dell pointed to the vendor's recently-launched iSCSI SAN as evidence of its desire to be taken seriously as a storage player.

Previous
1 of 4
Next
Comment  | 
Print  | 
More Insights
Cartoon
Hot Topics
17
Confessions Of A VMworld Virgin
Susan Fogarty, Editor in Chief,  8/22/2014
7
IT Certification's Top 10 Benefits
Global Knowledge, Global Knowledge,  8/20/2014
White Papers
Register for Network Computing Newsletters
Current Issue
Video
Slideshows
Twitter Feed