Dell reports sales topping analysts’ estimate as business PCs rebound
Dell Technologies Inc. reported revenue that beat analysts’ estimates after sales of computers to businesses didn’t fall as sharply as anticipated amid the slumping PC market.
The results reflect a continued struggle to sell personal computers, particularly to consumers. The market saw historic declines in shipments from October through March after a surge in purchases during the pandemic, analyst Gartner Inc. reported in April. Dell competitor HP Inc. reported worse-than-expected sales earlier this week, although it projected a rebound for PCs in the second half of the year.