You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live

6

0

▼  3rd Inning 0 outs

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.

Continue reading below

Dell, the number three maker of personal computers, is struggling amid a deep slump in demand as companies wait to upgrade machines and consumers turn to smartphones and tablets.

Even as Dell works to mitigate the decline by adding storage, networking gear, software, and services through acquisitions, the company still gets half its sales from PCs.

‘‘They’ve been talking about changing the last five years,’’ said Shaw Wu, an analyst at Sterne Agee & Leach Inc.

‘‘They’re in a very tough position, plain and simple.’’

Dell stock has dropped 35 percent this year.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.