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Dell: PC Industry Growth Slower Than Hoped

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“In an annual briefing for Wall Street analysts, Rollins pointed to market research data that forecasts 10 percent growth in first-quarter global PC unit shipments, down from average growth of 16percent during the prior six quarters.

“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.

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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. “

Read more at Reuters

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