Dell’s Q2 carried by industrial PC gross sales growth
Dell Applied sciences delivered a document second quarter as its PC unit posted gross sales progress of 27%.
The IT large reported second quarter internet revenue of $880 million, or $1.05 a share, on income of $26.12 billion, up 15% from a 12 months in the past. Non-GAAP earnings for the second quarter $2.24 a share.
Wall Avenue was anticipating second quarter income of $25.53 billion with non-GAAP earnings of $2.03 a share.
CFO Tom Candy stated the corporate stated it was additionally seeing progress in its high-growth enterprise gear resembling VxRail and PowerStore.
General, Dell’s Consumer Options Group is powering outcomes. The unit had second quarter working revenue of $995 million on gross sales of $14.Three billion, up 27% from a 12 months in the past. Industrial PC income surged 32% within the quarter to $10.6 billion and client gross sales of $3.7 billion was up 17% from a 12 months in the past.
The corporate stated it noticed robust progress in its Latitude and Precision programs. US PC market grows 17% in Q2 2021 as pocket book reputation booms
Jeff Clarke, vice chairman of Dell Applied sciences, stated:
We’ve talked beforehand about our capability to shortly pivot the enterprise the place the demand is strongest and that was evident in these outcomes. The necessity for higher know-how connectivity and productiveness within the new “do-anything-fromanywhere” economic system has pushed robust IT spending throughout a number of industries and buyer sizes – from giant enterprises to medium companies to small enterprise and shoppers. And we’re leaning in to seize our share of the robust IT spending.
Dell additionally made progress on the infrastructure entrance as Infrastructure Options Group income was $8.four billion, up 3%, with robust demand in multi-cloud gear. Server and networking income was up 6% with storage gross sales down 1%. Working revenue for the unit was $970 million.
VMware second quarter income, which is rolled into Dell Applied sciences, was $3.1 billion, up 8%, with working revenue of $849 million.