Dell share price drops after Q4 results despite posting 'record year'

Full year revenue was $101.2bn, increasing 17 per cent from $86.7bn for its last full year

clock • 3 min read
Dell share price drops after Q4 results despite posting 'record year'

Dell's co-COO Jeff Clarke hailed a ‘record year' as the vendor surpassed $100bn in revenue for the first time driven by strong performance in both its commercial and consumer sectors. Sales for ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Michael Dell: 'Super happy' with partner first for storage

Vendor

'Now we’re several quarters in, momentum is continuing to build and we’re super happy with how it’s going,' Michael Dell, Dell Technologies founder, chairman and CEO, told CRN.

clock 17 May 2024 • 5 min read
Dell has laid off 13,000 employees in one year amid slump

Vendor

Dell Technologies’ total employee count shrank from 133,000 a year ago to 120,000 as of this month, down 9.7 percent. The tech giant is awaiting a turnaround in PC and infrastructure sales that has yet to materialise, according to its most recent earnings.

clock 27 March 2024 • 3 min read
Dell FY24 results: Sales down everywhere while company hopes for AI-fuelled rebound

Vendor

The vendor’s COO Jeff Clarke said the fiscal year 'didn’t go as planned'

clock 01 March 2024 • 5 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

AWS' New CEO Matt Garman on Microsoft, AI, Amazon EC2: 6 things to know

AWS' New CEO Matt Garman on Microsoft, AI, Amazon EC2: 6 things to know

From publicly taking shots at Microsoft to being AWS’ first-ever product manager for Amazon EC2, here are six big things partners and customers need to know about AWS’ new CEO Matt Garman.

Mark Haranas
clock 20 May 2024 • 8 min read
Michael Dell: 'Super happy' with partner first for storage

Michael Dell: 'Super happy' with partner first for storage

'Now we’re several quarters in, momentum is continuing to build and we’re super happy with how it’s going,' Michael Dell, Dell Technologies founder, chairman and CEO, told CRN.

clock 17 May 2024 • 5 min read
IBM QRadar acquisition by Palo Alto Networks marks 'sea change' in SIEM market: analyst

IBM QRadar acquisition by Palo Alto Networks marks 'sea change' in SIEM market: analyst

‘This is the biggest concession of a SIEM vendor to an XDR vendor so far,’ writes Forrester’s Allie Mellen

Kyle Alspach
clock 17 May 2024 • 3 min read