We told you earlier this year on the radio show that PC growth this year was unlikely to meet market research forecasts of 10%. A 10% year would mean another 19-20 million units sold. Sorry, Charlie, no deal. Kevin Rollins, CEO at Dell, confirmed our analysis yesterday in this story.
"As we have come into (the first quarter), it's become clear things are a bit slower (than last year), a little bit slower than maybe we had even thought," Rollins said, referring to the 10 percent forecast by research group IDC. On Wednesday, Dell left its own revenue and outlook profit unchanged for its first quarter ending later this month, saying it expects revenue of $13.4 billion, up 16 percent from a year ago, and 37 cents a share in profit, up 32 percent.
Don't forget, we are now in earnings season, so surprises are to be expected. Next week will be full of earnings announcements.
Peter S. Kastner
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