Dell Posts 11 Percent Revenue Fall in Q4 2022 Days After Cutting Over 6,000 Jobs

Dell Technologies posted a smaller-than-expected fall in quarterly revenue on Thursday, as demand for servers and network equipment from large businesses helped cushion sluggish PC sales. Total revenue fell 11 percent to $25.04 billion (roughly Rs. 20,500 crore) in the fourth quarter that ended February 3, but came above a Refinitiv consensus estimate of $23.39 billion (roughly Rs. … Read more