For the three-month period ended July 29, Dell reported that its revenue increased to $13.05 billion from $12.98 billion a year earlier.
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EMC recorded sales of $24.7 billion previous year, growth of just 1 percent.
“In the quarter, cash flow from operations was $1.9bn and for the trailing twelve months was $3.2bn, an improvement of 50%”.
Over all, Dell reported a loss from continuing operations of $264 million, compared with a year-earlier loss from continuing operations of $292 million.
The Round Rock, Texas, company said its global market share in commercial personal computers improved by 0.9 percentage point, while its share in the consumer PC market rose by 1.1 point. The sale has caused jitters around Massachusetts’ technology sector, although Dell has said it plans to expand the Dell EMC division headquartered in Hopkinton. The two largest, and most well-known, are the Dell client solutions business and the Dell EMC infrastructure solutions business – both of which are supported by Dell EMC Services. Operating income for the quarter was $300 million, a 7 percent increase. The market – defined as servers, enterprise storage and Ethernet switches and used to help companies deploy in cloud environments – is expected to reach $37.2 billion in 2016, according to IDC analysis.
Now, solution providers are eager to begin hearing specifics about how Dell and EMC’s wide range of products and services will be knitted together and how partners can capitalize on what is perhaps the industry’s largest and most diverse portfolio.
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Recently, it received Chinese regulatory approval for the acquisition of EMC, clearing the final hurdle for the $67bn deal. The new Dell Technologies will have a near stranglehold on the enterprise technology market, with few companies engaging enterprise technology services that are outside of Dell’s purview.
