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Dell Expects Further Softening In Global IT Demand
 
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Dell Expects Further Softening In Global IT Demand
 
The statement comes a month after Dell reported a decrease in second-quarter profits.
 
 
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Thursday, September 18, 2008:  Dell has reported continued conservatism in IT spending in the US, which had extended into Western Europe and several countries in Asia. The company is seeing further softening in global end-user demand of its computers and other information technology products in the current quarter.




Dell will continue to execute against its five growth priorities of global consumer, small and medium business, enterprise, notebooks and emerging countries. The company expects to incur costs as it realigns its business to improve competitiveness, reduce headcount and invest in infrastructure and acquisitions, but is committed to working aggressively on cost initiatives that will benefit its P&L over time with improved growth, profitability and cash flow. The company grew unit shipments faster than the industry in the first half of calendar 2008 and expects to grow faster than the industry for the full year.





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