Dell slumped after it forecast a fourth straight quarter of declining sales as falling demand for PCs overshadows Dell’s efforts to diversify into more profitable products like storage, software, and services. Fourth-quarter revenue will be up to $14.4 billion, the Texas company said. That’s less than the $14.5 billion average estimate. In last year’s fourth quarter, revenue was $16 billion.
Dell sales forecast misses estimates amid PC-industry slump
You've reached the limit of 10 free articles 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 $1 a week