Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 17 August 2011 11:02

Dell has gloomy figures for 2012

Written by Nick Farell


End of the world
Tinman Michael Dell is predicting a 2012 which falls in line with Mayan prophecies for the end of the world. (They are not Mayan, they are made up by New Age gits. sub.ed.)

Dell slashed its 2012 revenue forecast as an already weak outlook for technology spending this year worsened, sending its shares more than 7 percent lower. He also cut his full-year revenue growth estimate to just one to five percent, from five to nine percent previously, citing growing uncertainty about whether government and corporate spending on everything from servers to software can hold up in the face of flagging economic growth.

The figures do not look good for rivals such as HP which is more reliant on consumers. The outfit is trying to turnaround after several disappointing quarters. Analysts are expecting to see similar problems with HP as there appears to be a “pause" in technology business spending.

Dell Chief Financial Officer Brian Gladden said in an interview that it is a bit of an uncertain environment at the moment.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments