Dell will use revenue from corporate customers to boost quarterly revenue after declining PC demand hit the company’s revenue forecasts.
Nearly half of Dell’s revenue is expected to come from enterprise sales as the companies continue to improve their hybrid equipment.
Dell enjoyed strong patronage during the pandemic thanks to robust demand for remote working equipment and storage solutions to support cloud.
China’s Lenovo, the world’s largest maker of personal computers, posted its slowest sales growth in more than two years in early August. Samsung also warned that chip demand from PC manufacturers is likely to decline further.
However, research firm Canalys expects global commercial shipments of desktops, notebooks and workstations to increase by 16% quarter-on-quarter in the third quarter. This is expected to follow a 6.4% rise recorded in the previous three months.
Despite the favorable forecasts, analysts indicated that Dell could come under pressure from a stronger dollar, supply chain disruptions triggered by recent COVID-19 restrictions and the ongoing war in Ukraine.
The sources for this piece include an article in Reuters.