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 introduced a new range of PCs, monitors, and software aimed at enhancing workplace efficiency and collaboration. Key highlights include 5G-capable devices, the integration of bioplastics from tree waste, and advanced security features. The introduction of Dell Optimizer software enhances performance and connectivity, while new Latitude and OptiPlex products are designed for modern work environments. The pricing starts from $1,049 for some models and aims to support sustainability goals as outlined in Dell's Progress Made Real plan.
Dell Technologies (NYSE: DELL) will present at several virtual investor conferences the week of December 7, 2020. Key speakers include Matt Baker, Yvonne McGill, and Dennis Hoffman. The schedule includes:
- UBS Global TMT Conference, December 7 at 11:05 a.m. CT
- Raymond James Technology Investors Conference, December 8 at 2:20 p.m. CT
- Barclays Global TMT Conference, December 9 at 2:30 p.m. CT
Webcasts of the presentations will be available on Dell's Investor Relations page for six months.
Dell Technologies (NYSE: DELL) announced that CFO Tom Sweet and COO Jeff Clarke will present at two virtual conferences in early December 2020. Tom Sweet will speak at the Wells Fargo TMT Summit on December 1, 2020, at 11:00 a.m. CT. Jeff Clarke will present at the Credit Suisse 24th Annual Technology Conference on December 3, 2020, at 2:00 p.m. CT. Live audio webcasts will be available on Dell's Investor Relations page, with replays accessible for six months.
Dell Technologies reported a 3% increase in total revenue for Q3 FY2021, reaching $23.5 billion. The Client Solutions Group saw a record revenue of $12.3 billion, growing 8%, with operating income at $1.0 billion. Diluted earnings per share surged 64% to $1.08, while non-GAAP EPS rose 16% to $2.03. Operating income increased 35% to $1.1 billion. The company ended the quarter with $13 billion in cash and investments and $4.6 billion debt repayment, indicating strong financial health.
Dell Technologies has expanded its PowerProtect portfolio, introducing the new Dell EMC PowerProtect DP series appliances that enhance data protection efficiency with up to 30% more logical capacity, 38% faster backups, and 45% quicker restores. The PowerProtect Cyber Recovery is the first endorsed data vaulting solution by Sheltered Harbor, aimed at improving cyber resilience in the financial sector. Additionally, updates to the PowerProtect Data Manager enhance cloud and Kubernetes data protection capabilities, allowing flexible deployment across various environments, thus addressing evolving data management challenges.
Dell Technologies (NYSE: DELL) will host a conference call on November 24, 2020, at 4:30 p.m. CST to discuss its third-quarter financial results for fiscal 2021. The audio-only webcast will be accessible on Dell's investor relations website, with an archived version available later. Prior to the call, the company will release its financial results and provide a presentation with detailed operational insights. This event is crucial for stakeholders to understand Dell's financial performance and strategic direction amidst the evolving tech landscape.
Dell Technologies has announced new Dell EMC Ready Solutions targeting high-performance computing (HPC) to enhance AI and computing innovations across healthcare, life sciences, and manufacturing sectors. Key highlights include:
- The Dell EMC Ready Solution for HPC Genomics dramatically reduces genome sequencing time from two weeks to under eight hours for the Translational Genomics Research Institute.
- New integrations for digital manufacturing streamline the design process.
- Collaborations for HPC and AI as-a-Service expand global access to high-performance resources.
On November 2, 2020, Woolworths, Australia's largest retailer, selected Dell Technologies (NYSE: DELL) to enhance its cloud capabilities, integrating public and private clouds for better inventory management across nearly 3,000 stores. This partnership aims to improve operational efficiency and responsiveness to demand fluctuations amid challenges like COVID-19. The collaboration includes the launch of the Woolworths Group Hosting Service, which streamlines processes like supply chain and payroll management through Dell's hybrid cloud model, enabling 24/7 operations and better budget planning.
Dell Technologies announced Project APEX, enhancing its as-a-Service capabilities to simplify IT consumption for customers. The initiative integrates various services, offering a unified platform for managing cloud and IT resources seamlessly. The new Dell Technologies Cloud Console will empower businesses with real-time management of their cloud services, while Storage as-a-Service will be available on-premises, facilitating greater operational flexibility. This expansion includes pricing options starting at $47 per month, geographic expansions to Europe, and a commitment to sustainability in infrastructure management.
Dell Technologies reports significant advancements in PC and IT infrastructure innovation, focusing on remote work capabilities and hybrid cloud services. The company modernized its infrastructure with products like Dell EMC PowerStore and PowerScale, while expanding hybrid cloud options with Dell Technologies Cloud and ruggedized VxRail. Despite market challenges, Dell's as-a-Service revenue grew 30% year-over-year. The firm has invested over $18 billion in R&D over the last five years, emphasizing its commitment to innovation and resilience in the evolving digital landscape.
