SUBSCRIBERS

Dell looks to corporate sales for revenue boost as consumer demand falters

Multi-cloud business is the most important bet Dell Technologies is making, co-COO Chuck Whitten says

எஸ். வெங்கடேஷ்வரன்
Published Mon, Nov 7, 2022 · 05:50 AM

GLOBAL demand for PCs, having surged through most of the pandemic, is dropping off. But PC maker Dell Technologies has managed to keep growing, thanks to steady demand from commercial clients.

The company is best known for its Dell laptops and desktop computers, which it supplies to both retail and corporate customers. Indeed, this business – parked under the Client Solutions Group – contributed 58.7 per cent of the group’s revenue for the three months to Jul 29, 2022 (Q2 FY2023).

But growth at the Client Solutions Group has been dragged down by the consumer segment, which saw a revenue fall of 9 per cent to US$3.35 billion in Q2. Commercial demand rose 15 per cent to US$12.14 billion, supporting total revenue for the Client Solutions Group to an increase of 9 per cent to US$15.49 billion.

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here