Just in:
NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally // Astana International Exchange Connects with Regional Markets Through Tabadul Hub // Quality HealthCare Partners with eHealth to Enhance Patient Treatment Efficiency // Leading with Compliance, ZUHYX Earns the Canadian MSB License // PolyU forms global partnership with ZEISS Vision Care to expand impact and accelerate market penetration of patented myopia control technology // Lee Chong Wei Shows Up On Chinese Hot cultural Talk Show “SHEDE Wisdom Talents”, Talking About “Crossing The Hill” // UAE President, Spanish Prime Minister Hold Phone Talks // Hong Kong Unveils April 30 Launch for Landmark Crypto ETFs // Sharjah Census Gears Up for Final Enumeration Phase // UAE Scrutinizes Report on Racial Discrimination Treaty // Election Commission Has A Dismal Record On Acting Against Modi’s Breaches Of Poll Code // Telecom Giant Du Eyes Crypto Integration for FinTech Platform // ZUHYX Exchange: Embracing Social Responsibility for a Sustainable Future // Prince Holding Group’s Chen Zhi Scholarship Clinches Silver Stevie for CSR Excellence at Asia-Pacific Stevie Awards // Etihad Airways Announces Paris Service with A380 // Cairo Recognizes Arab World’s Creative Luminaries at Award Ceremony // Central Bank of Nigeria Debunks Rumors of Crypto Account Freeze // CBN Targets User Accounts // ESG Achievement Awards 2023/2024 is Open for Application, Celebrating Innovative Sustainable Practices and Responsible Risk Management // UAE and Ecuador Set Course for Economic Pact //

Dell Technologies Q3 data center, cloud infrastructure results mixed, PC business fares well

1481211457 dell 3q 2017a

Dell Technologies said its infrastructure group delivered a mixed third quarter as all-flash storage systems, hybrid cloud and hyperconverged gear grew, but storage array and server demand fell.

The company’s third quarter results include 52 days of EMC’s business and VMware. Dell said revenue from its legacy businesses were largely unchanged in the third quarter.

ADVERTISEMENT

According to Dell, third quarter revenue was $16.25 billion with a net loss of $1.64 billion. Non-GAAP earnings for the third quarter were $970 million.

dell-3q-2017a.png

Dell said its top priority is integrating the salesforce from EMC and channel partner programs to boost cross-selling. Dell EMC has been rolling out integrated systems since the merger closed in September.

The infrastructure solutions unit for Dell had operating income of $897 million on revenue of about $6 billion.

dell-3q-2017c.png

Meanwhile, the company said it paid down $500 million in debt in the quarter. The EMC purchase closed Sept. 7.

dell-3q-2017b.png

Dell’s traditional PC business fared well as consumer revenue surged 12 percent and commercial was down 1 percent. The client solutions group had revenue of $9.2 billion, up 3 percent from the third quarter a year ago. Third quarter operating income was $634 million.

(via PCMag)

ADVERTISEMENT

ADVERTISEMENT
Just in:
Dubai Gears Up for Second FinTech Summit as Funding Surges // UAE and Ecuador Set Course for Economic Pact // New Dynamics in Cryptocurrency Security: ZUHYX Builds the Strongest Fund Protection System // Hong Kong Unveils April 30 Launch for Landmark Crypto ETFs // Congress in firefighting mode amid row over Pitroda remarks // Astana International Exchange Connects with Regional Markets Through Tabadul Hub // Lee Chong Wei Shows Up On Chinese Hot cultural Talk Show “SHEDE Wisdom Talents”, Talking About “Crossing The Hill” // Abu Dhabi Secures US$5 Billion in Fresh Funding // CBN Targets User Accounts // Octa crypto snapshot: investors behavior predictions after Bitcoin halving // Quality HealthCare Partners with eHealth to Enhance Patient Treatment Efficiency // Booming Region Fuels Innovation Surge // Cobb’s Game-Changer: Introducing One-Stop Event Transport Management Solution // Central Bank of Nigeria Debunks Rumors of Crypto Account Freeze // ZUHYX Exchange: Embracing Social Responsibility for a Sustainable Future // Leading with Compliance, ZUHYX Earns the Canadian MSB License // PolyU forms global partnership with ZEISS Vision Care to expand impact and accelerate market penetration of patented myopia control technology // Andertoons by Mark Anderson for Thu, 25 Apr 2024 // ESG Achievement Awards 2023/2024 is Open for Application, Celebrating Innovative Sustainable Practices and Responsible Risk Management // Lai & Turner Law Firm PLLC Welcomes Eric Strocen as Director of Family Law Division //