Dell beats fourth-quarter estimates on AI server demand
https://finance.yahoo.com/news/dell-beats-fourth-quarter-revenue-210501687.html
13 replies (most recent on top)
Anyone remember when the UAW stepped up and fought for Ford employees in TX to get their piece of the $25 billion in revenue last fall?. Must be nice.
As a former employee and current stockholder - what's not to like? Glad they could spin earnings and make light of their effort in AI?Although HPE isn't receiveing the same windfall - it appears. What am I missing, internal employees are saying it isn't true or something to that effect?
Keep up the good work those doing the work of 3-4 people. You are part of the Dell "family"
AI servers?. Is this the same reason super micro is up 1000% year over year?
Revenue was down YoY but bottom line was 305% better than last Q and while FY24 was more profits ($7bln in dividends) . Stocks are up 25% in after hours training but some experts seating on layoffs make statements on things they do not understand.
I guess it be competition that cant get their head around ... or these really worried they be let go (as they seem not to know basics of basic economy)
I feel like I am Charlie Sheen groupie after I read this thread..
AI server = server with empty pcie slots that likely won't have a GPU ever. As it turns out customers have been buying these "AI servers" for over a decade. Can't blame Dell for using the hype to boost stock. Beware of the bubble.
Point 72 is Steve Cohen's hedge fund :( cringe!
Congratulations to the owners of Dell: Vanguard Group, Point72 Asset Management, DZ Bank, Fidelity International, Legal & General Group, Northern Trust, First Trust Advisors, TD Epoch, Balyasny Asset Management hedge fund, and Engine Capital.
Imagine how much more it would have been with 30,000 fewer people all showing up to the office!!!
To the moon!!
So this would be data and an argument against RTO, right?
Revenue down 14% year over year. With expectations so low a double digit loss in revenue is the new "winning". Tiger Blood!
Out here making 22 Billion and still treating employees like absolute trash. All while giving AI the credit for the sales? Not the people busting their as--s to move units against unrealistic quotas. Cool Stuff.