Breaking News

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus HighPoint and Graid Technology Announce Breakthrough Gen5 Parity Storage Benchmark Why has G.SKILL DRAM memory prices increased so much recently (since 2025 Q4) Samsung Expands Premium Micro RGB TV Lineup for 2026 with New Sizes and Advanced Features Viltrox AF 35mm F1.2 LAB Z Launch Ends Year With a Milestone

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Dell Reports Rise in Revenue On Strong Server and PC Sales

Dell Reports Rise in Revenue On Strong Server and PC Sales

Enterprise & IT Nov 29,2018 0

Dell Technologies announced third quarter revenue of $22.5 billion, up 15 percent from the prior period, helped by businesses upgrading their systems as Microsoft is pulling the plug on Windows 7 support.

However, net loss attributable to Dell Technologies widened to $876 million in the third quarter ended Nov. 2, from $846 million a year earlier.

"Dell Technologies has assembled a broad set of capabilities and unique position that drive an attractive financial model," said Tom Sweet, chief financial officer, Dell Technologies. "Our third quarter of double-digit growth in all three of our reportable segments shows that our customers increasingly see us as a key partner with a deep portfolio to meet their needs, from the edge to the core to the cloud."

Dell's Infrastructure Solutions Group revenue for the third quarter was $8.9 billion, a 19 percent increase. This was driven by revenue of $3.9 billion in storage, a 6 percent increase, and $5.1 billion in servers and networking, a 30 percent increase. Operating income for the third quarter was $935 million, a 7 percent increase driven primarily by server and storage mix dynamics.

The company's Client Solutions Group (PC, displays, workstations) revenue for the third quarter was $10.9 billion, up 11 percent, with growth across both Commercial and Consumer. Commercial revenue grew 12 percent to $7.6 billion, and Consumer revenue was up 8 percent to $3.3 billion. Operating income for the third quarter was $447 million, or 4.1 percent of revenue. CSG operating income was down 29 percent against a strong prior period, and foreign exchange and supply chain headwinds.

VMware revenue for the third quarter was $2.2 billion, up 15 percent, with operating income of $768 million and 34.5 percent of revenue. The company continues to see revenue synergies through the collaboration across the Dell Technologies family of businesses.

Third quarter revenue from other businesses, including Pivotal, Secureworks, RSA Security, Virtustream and Boomi, was $583 million, up 5 percent.

Tags: Dellfinance
Previous Post
HP Shows strong Q4 Sales
Next Post
These Are Nvidia's GeForce Game Bundles For This Holiday Season

Related Posts

  • Dell introduces new monitor lineup for CES 2023, including world’s first 6K-resolution monitor

  • Dell Announces the New Gold Standard for Entry Storage

  • XPS 13 Reinvents Itself, Embracing Simplicity as the New Premium

  • Dell Announces 2021 Inspiron Series and XPS 13 with OLED Display

  • Transform Your Work Experience With New Dell Monitors

  • Dell to out new S2721DGF Monitor, HDR400 2560x1440 at 144 Hz

  • Dell Introduces new 27-inch curved and flat panel gaming monitors

  • SoftBank Reports $18 Billion Loss from Vision Fund

Latest News

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus
Enterprise & IT

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus

HighPoint and Graid Technology Announce Breakthrough Gen5 Parity Storage Benchmark
Enterprise & IT

HighPoint and Graid Technology Announce Breakthrough Gen5 Parity Storage Benchmark

Why has G.SKILL DRAM memory prices increased so much recently (since 2025 Q4)
PC components

Why has G.SKILL DRAM memory prices increased so much recently (since 2025 Q4)

Samsung Expands Premium Micro RGB TV Lineup for 2026 with New Sizes and Advanced Features
Consumer Electronics

Samsung Expands Premium Micro RGB TV Lineup for 2026 with New Sizes and Advanced Features

Viltrox AF 35mm F1.2 LAB Z Launch Ends Year With a Milestone
Cameras

Viltrox AF 35mm F1.2 LAB Z Launch Ends Year With a Milestone

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed