SEATTLE (AP) - Dell Inc. says the U.S. personal computer market
has reached its low point. But the timing of a global turnaround in
the technology industry remains anyone's guess.
At a meeting with Wall Street analysts, the company elaborated
on guidance it issued Monday, when it said it expects slightly
stronger sales in the current quarter. Despite these signs of
improvement, Dell executives said Tuesday that many of the
conditions that have hurt the PC industry aren't easing.
Businesses have clamped down on technology purchases and put off new computers as the economic crisis persists. And consumers - the ones who are buying new computers at all - are choosing cheaper
Dell shares plummeted nearly 8 percent in morning trading.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.