Dell boasts of PC share gains on eve of EMC merger
Dell claimed last night it is wresting share from the competition in client space as it announced a one per cent annual revenue rise for Q2
Dell said it has enjoyed 14 straight quarters of share gains in the PC market as it released Q2 numbers a day before its formal union with EMC.
As a private company, Dell doesn't have to divulge its financial performance but last night chose to give a snapshot of how it fared in its latest quarter.
Revenues inched up one per cent year on year to $13.1bn (£9.8bn) as Dell's client and enterprise solutions arms both posted flat performances. An operating loss last year was reversed to an operating profit of $63m this time around.
Despite having had to battle speculation it would exit the PC market at the time it was taken private three years ago, Dell said it has experienced 14 straight quarters of year-on-year share gains in PCs.
Its global commercial PC sales rose 6.2 per cent during Q2, translating to 90 basis points of unit share. Dell claimed its consumer PC share also outperformed the industry globally, gaining 110 basis points of unit share.
While server and networking revenue increased one per cent, the Dell Storage SC product line witnessed a 13 per cent rise in sales.
"We executed well in the quarter, driving $880m in adjusted EBITDA, up 31 per cent," said Dell CFO Tom Sweet. "Our second-quarter results underscore our ability to consistently balance growth and profitability, and strategically invest in areas that will drive long-term profitable growth and strong cashflow."