Consumer Electronics

Dell (DELL) Gets Crushed

The new Gartner research and IDC numbers for PC sales in Q3 are out. You read it hear first. Dell (DELL)will have disappointing numbers when it reports earnings.

Reuters writes that "HP shipped 19.6 percent of all personal computers in the period, a 33 percent leap from the year-earlier period." Dell stayed in the No. 2 spot with an estimated 15.2 percent of the market, but its shipments grew 3.8 percent to 10.2 million units. That growth of under 4% is not going to earn any fans on Wall St.

Lenovo and Acer both have about 8% of the market.

Dell’s shares have moved up about 15% over the last six months in the hope that Michael Dell could fix the firm he founded

Investors are going to have to wait.

Douglas A. McIntyre

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.