Welcome to our dedicated page for Dell Technologies news (Ticker: DELL), a resource for investors and traders seeking the latest updates and insights on Dell Technologies stock.
Dell Technologies (DELL) maintains its industry leadership through continuous innovation in enterprise IT infrastructure and AI-driven solutions. This dedicated news hub provides investors and technology professionals with timely updates on corporate developments, strategic partnerships, and market-moving announcements.
Access curated press releases and analysis covering Dell's advancements in data center hardware, cybersecurity initiatives, and edge computing deployments. The repository includes earnings reports, product launch details, executive commentary, and regulatory filings – all essential for understanding the company's position in digital transformation markets.
Key focus areas include Dell's progress in hybrid cloud solutions, commercial PC market trends, and sustainability efforts within global IT ecosystems. Content is organized for efficient navigation between financial updates, technological breakthroughs, and partnership announcements that shape the company's trajectory.
Bookmark this page for streamlined access to Dell's official communications and third-party analyses. Combine real-time updates with historical context to track the company's execution against its long-term infrastructure modernization goals.
Dell Technologies has launched the Dell APEX Managed Device Service, a subscription-based solution aimed at supporting small and medium businesses (SMBs) with IT management. This service, priced at
Dell Technologies announced updates to its commercial portfolio on March 23, 2023, focusing on enhancing remote and hybrid work technology. The updates include new designs, collaboration features, and improved performance across their Latitude, Precision, and OptiPlex lines. Key products highlighted are the Latitude 9440, featuring a haptic collaboration touchpad, and the Precision 5680, offering robust performance with Intel 13th Gen processors. Dell aims to address IT concerns by enhancing security, sustainability, and management capabilities, offering innovations like the Dell APEX Managed Device Service. This aligns with their goal to facilitate secure and efficient work environments.
VMware has launched an evolved Partner Connect program aimed at enhancing partner engagement and profitability in a multi-cloud environment. This unified program supports diverse partner types and provides streamlined paths to growth with increased incentives based on performance. Key updates include a flexible points-based system, automated insights, and expanded practice development.
Partners can now earn benefits by advancing their VMware practices and are encouraged to support client transitions to cloud services, enhancing overall customer lifecycle management. This initiative aligns with changing market dynamics towards digital-first strategies.
Dell Technologies has rolled out new security services to bolster organizational defenses against cyber threats. Key offerings include Managed Detection and Response Pro Plus, which enhances threat detection, and CrowdStrike Falcon, integrated into Dell's portfolio for improved endpoint security. Additionally, Secured Component Verification offers cloud-based assurance for supply chain integrity, while the Product Success Accelerator for Cyber Recovery aids in protecting critical data.
These innovations aim to address the escalating risks in today's distributed IT environments, with 72% of IT leaders expressing heightened concerns over cyberattacks.
VMware has announced significant enhancements to its Anywhere Workspace platform, focusing on improved performance, scalability, and reduced infrastructure costs for virtual app and desktop environments. The new Workspace ONE architecture allows for more than 10x performance improvements and supports millions of endpoints. Additionally, the modernized SaaS platform facilitates faster feature delivery, promoting efficiency in IT workflows.
These developments highlight the company's commitment to automation and providing reliable experiences for remote working environments, addressing the evolving challenges faced by organizations today.
CrowdStrike (Nasdaq: CRWD) and Dell Technologies (NYSE: DELL) have formed a new strategic alliance aimed at enhancing cybersecurity for organizations globally. The partnership focuses on providing seamless and cost-effective solutions to manage cyber threats across various business sizes. The CrowdStrike Falcon platform is now available with volume licensing tailored for medium to large enterprises and public sector organizations, allowing for consolidation of spending and improved compliance. This collaboration aims to make cyber defense easier and more efficient.
Dell Technologies (NYSE: DELL) announced that EVP and CFO Tom Sweet will retire by the end of Q2 fiscal 2024. Yvonne McGill, currently the corporate controller, has been appointed as the new CFO, effective Q3 fiscal 2024. Both executives will collaborate for a seamless transition over the next two quarters. Additionally, Dell's commitment to delivering innovative technology and services remains steadfast, aimed at aiding organizations and individuals in building their digital future.
VMware reported a strong FY23 with a total revenue of $13.35 billion, marking a 4% increase from FY22. Subscription and SaaS revenue reached $4.01 billion, up 25% year-over-year. In Q4, revenue was $3.71 billion, a 5% rise from Q4 FY22. However, GAAP net income for FY23 fell 28% year-over-year to $1.31 billion or $3.09 per diluted share. Non-GAAP net income also decreased by 10% to $2.78 billion. The company is optimistic about its merger with Broadcom and growth in multi-cloud offerings, targeting an increase in customer demand.
Dell Technologies reported a record full-year revenue of $102.3 billion, marking a 1% increase from the previous year. However, fourth quarter revenue saw an 11% decline to $25 billion. Operating income for the full year rose 24% to $5.8 billion, while diluted earnings per share from continuing operations dropped 48% to $3.24. The company announced a 12% increase in its annual cash dividend to $1.48 per share. Key performers included the Infrastructure Solutions Group, achieving $38.4 billion in revenue, up 12%, while the Client Solutions Group revenue decreased 5% to $58.2 billion.
