Friday, August 27, 2021

Dell beats in Q2 with $26.1B revenue, up 15% YoY, as net income fell to $880M; PC revenue rose to a record $14.3B, up 27% YoY, as servers rose 6% YoY to $4.5B (Larry Dignan/ZDNet)

Larry Dignan / ZDNet:
Dell beats in Q2 with $26.1B revenue, up 15% YoY, as net income fell to $880M; PC revenue rose to a record $14.3B, up 27% YoY, as servers rose 6% YoY to $4.5B  —  Commercial PC revenue surged 32% in the quarter to $10.6 billion and consumer sales of $3.7 billion was up 17% from a year ago.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...