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
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
    1.3628+0.0002+0.01%
    USDSGD=X
    1.5258+0.001+0.06%
    EURSGD=X
    2.1040+0.0003+0.01%
    GBPSGD=X
    87.7859-0.0127-0.01%
    SGDJPY=X
    5.6910-0.0009-0.02%
    SGDHKD=X
    2.6536-0.0004-0.01%
    SGDMYR=X
    9,530.7559-1.3789-0.01%
    SGDIDR=X
    4.5974-0.0007-0.01%
    SGDCNY=X
    1.0645+0.0006+0.06%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,214.70+4.60+0.38%
    GCJ15.CMX
    16.620.00-0.02%
    SIK15.CMX
    76.94+1.10+1.45%
    ^XAU
    2.69-0.01-0.24%
    HGK15.CMX
    49.76+1.35+2.80%
    CLJ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.50-0.02
    ^FVX
    2.00-0.01
    ^TNX
    2.60-0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.975-0.085-8.02%
    N21.SI
    0.405-0.005-1.22%
    E5H.SI
    0.280.000.00%
    5WA.SI
    0.70-0.01-1.41%
    Y92.SI
    0.985+0.005+0.51%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.17+0.03+21.43%
    40B.SI
    0.24+0.02+11.63%
    B1N.SI
    0.625+0.060+10.62%
    L5I.SI
    0.80+0.07+9.59%
    533.SI
    0.24+0.02+9.09%
    D79.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.105-0.010-8.70%
    J8O.SI
    0.42-0.04-8.70%
    CH8.SI
    0.14-0.01-8.50%
    5TJ.SI
    0.975-0.085-8.02%
    N21.SI
    0.29-0.03-7.94%
    AFC.SI