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The Boston Globe


Dell sales forecast misses estimates

SAN FRANCISCO — Dell Inc. forecast a fourth straight quarter of declining sales as diminishing demand for PCs overshadows efforts to diversify into making more profitable products for data-storage centers.

Quarterly revenue will be $14 billion to $14.4 billion, the company said — less than the $14.5 billion average estimate of analysts, according to data compiled by Bloomberg. A year ago, revenue was $16 billion.

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