Ignore the estimates and computer generated posts, wait till you see the numbers. Server, Storage, Software, Client devices. Up or down that will tell you where we are headed
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DFS Debt doesnt matter, thats customer finance. Matured debt does, they have cashflow and the quarterly was unexpectedly very good
Dell Debt is still sky-high:
Dell paid down $3.5bn in debt during the quarter and now has debt of $54.5bn, including DFS-related debt of $10bn and subsidiary debt of $6.3bn in addition to its core debt and margin loan.
What is the interest paid over these loans?
Seems like there must be a bunch of Nutanix and/or Pure folks hanging out here.
Isn't their moto if you can't beat them then bash them :)
High margin storage and server sales are down. (Layoffs coming there) They saved a bit of money on 401k matches, no raises, no promotions. (This is what they call earnings)
It is a failed company selling low margin junk.
Seems like a pretty good quarter, when are they bringing back 401k match, promotions/raises?
Disagree. Dig into the numbers. There is zero margin in pc’s. Server and storage got crushed. 75% drop year over year. They can shine it up any way they want but the pain is far from over. Get out while you can.
Earning were good
Dell Technologies Inc. reported revenue and profit that topped analysts’ estimates, in a sign of strong demand for personal computers from workers and students stuck at home during the coronavirus pandemic.
Sales were $22.7 billion in the period that ended July 31, the Round Rock, Texas-based company said Thursday in a statement. Analysts, on average, projected $22.5 billion, according to data compiled by Bloomberg. The hardware giant reported earnings, excluding some items, of $1.92 a share, easily beating estimates of $1.38 a share. Dell shares rose about 4% in extended trading after the results.
Well as we see Dell like HP is only doing well with laptops, and that is when they can get them built. Storage and Servers are way down, clients are not purchasing and have become very disenchanted with Dell Tech as a whole. As stated a company in decline and that will only continue. Get out while the going is good.
Dell has no innovation. Good engineering staff is long gone to place like FAANGs, looses stick around waiting for severance packages and unemployment benefits.
It is a company in decline.
Dell needs to follow Saleforce. Cut Management and half the workforce to stay profitable somewhat.
And at negative margin there is no reason to race to go overboard suppliying.
Heard on the news that the three major manufacturers of laptops are falling short in providing laptops to students due to the demand for online learning. The potential for sales is there, but the ability to fulfill those sales is not apparently.