Now, Dell Says It's Not A PC Company

Less than six months ago, Michael Dell posted an impassioned defense of the PC business to his Google+ account, and explained that "Dell remains very committed to PC solutions and beyond."

He was responding to reports that HP was considering selling its PC business.

What a difference a couple of mediocre quarters makes.

Today, Dell manager Brad Anderson told a crowd in London "We're no longer a PC company, we're an IT company." He continued "We are dramatically changing the make-up of our business."

PC sales have been the weakest part of Dell's business -- the company's consumer unit (which is mostly PC sales) saw revenue drop 2% (year over year) last quarter, and drop 6% in the quarter before that. All the action was in selling to enterprises.

HP, meanwhile, decided to keep its PC business, but it's not having such great luck either: consumer PC revenue suffered a 25% year-to-year decline last quarter.

First HP, then Dell.

It seems like the only company willing to defend the PC these days is Microsoft -- and Microsoft doesn't actually make or sell PCs.



More From Business Insider

--

Did you know that you can get stories like this on the Yahoo mail app?
Download it here.
Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3470-0.001-0.08%
    USDSGD=X
    1.4765-0.0008-0.05%
    EURSGD=X
    2.0659+0.0011+0.05%
    GBPSGD=X
    91.7930-0.1321-0.14%
    SGDJPY=X
    5.7560+0.0042+0.07%
    SGDHKD=X
    2.70770.000.00%
    SGDMYR=X
    9,807.7070+15.4141+0.16%
    SGDIDR=X
    4.6034+0.0031+0.07%
    SGDCNY=X
    1.0334+0.0016+0.16%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,189.30+0.50+0.04%
    GCQ15.CMX
    16.72+0.05+0.28%
    SIN15.CMX
    69.83+1.07+1.56%
    ^XAU
    2.78+0.01+0.27%
    HGN15.CMX
    58.36+0.68+1.18%
    CLN15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.51-0.02
    ^FVX
    2.13-0.01
    ^TNX
    2.88+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.79-0.02-2.47%
    N21.SI
    4.11-0.01-0.24%
    Z74.SI
    0.920.00-0.54%
    G13.SI
    0.4150.0000.00%
    E5H.SI
    0.325-0.010-2.99%
    AFC.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.135+0.015+12.50%
    T16.SI
    0.119+0.009+8.18%
    540.SI
    0.15+0.01+7.14%
    5MD.SI
    0.126+0.007+5.88%
    5IF.SI
    0.275+0.015+5.77%
    5SY.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.126-0.029-18.71%
    5OQ.SI
    0.34-0.06-13.92%
    AWI.SI
    0.151-0.014-8.48%
    T08.SI
    5.24-0.48-8.39%
    H1O.SI
    0.33-0.03-8.33%
    AWK.SI