Dell (NASDAQ: DELL) may be back on track. Data from research firm IDC shows that, in the fourth quarter, Dell shipped 17.1 percent more PCs worldwide in the quarter than in the year-earlier period, for a total of 11.3 million units and 14.6 percent of the global PC market, according to Reuters. The company also had strong results in the U.S.
It may be that Dell's program to sell PCs through retail outlets is starting to show results, but that would not account for the global change. The company has attempted to add new models and pair that with aggressive pricing. That is driving growth, which may be coming at the expense of rival Hewlett-Packard (NYSE: HPQ).
If the IDC figures are accurate, Dell's numbers for the last quarter of 2007 should be better than expected.
Douglas A. McIntyre is an editor at 247wallst.com.
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Reader Comments (Page 1 of 1)
1-22-2008 @ 11:51AM
richardatDELL said...
Hi Douglas,
I am not sure I understand why you would suggest that growth in the US may be a sign that Dell selling through retail is showing results, but then suggest that does not hold globally. Our retail programs are global with Dell now selling computers throughout the world in major retail outlets. You might want to check out the recent retail update at our investor relations blog.
www.dell.com/dellshares