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Dell’s computer revenue fell 12% to $11.7 billion, “largely driven by a decline in units,” the company said in Thursday’s earnings release. - CNN’s Krystal Hur contributed to this report.
The Dell PowerConnect line is marketed for business computer networking. They connect computers and servers in small to medium-sized networks using Ethernet. The brand name was first announced in July 2001, as traditional personal computer sales were declining. [2] By September 2002 Cisco Systems cancelled a reseller agreement with Dell. [3]
Dell was the subject of a class action lawsuit in 2005 over some of their Inspiron laptops (models affected include the 1100, 1150, 5100, 5150, and 5160). The suit was filed in September 2005, and was officially settled between December 2006 and January 2007, in what is known as the Lundell Settlement. [ 8 ]
Dell Networking is the name for the networking portfolio of Dell. In the first half of 2013, Dell started to rebrand their different existing networking product brands to Dell Networking. Dell Networking is the name for the networking equipment that was known as Dell PowerConnect , as well as the Force10 portfolio.
Dell's Client Solutions Group — which includes sales of PCs and laptops — saw sales drop 4% to $12.41 billion. Consumer sales declined 22% to $1.86 billion, while the commercial business was ...
Dell stock jumped 8% in January, followed by a 14% gain in February. It kept that momentum going in March with a 21% gain, and notched a 9% gain in April. The stock is up 95% year to date.
The Dell Services, Dell Software Group, and the Dell EMC Enterprise Content Divisions were sold shortly thereafter for proceeds of $7.0 billion, which was used to repay debt. [2] In October 2017, It was reported that Dell would invest $1 billion in IoT research and development. [12] [13] [14] EMC owned around 80% of the stock of VMware. [15]
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Dell Technologies wasn’t one of them. The 10 stocks that made ...