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 Inc. reports developments across enterprise information technology, including commercial personal computers, workstations, data-center hardware, storage systems and services for AI workloads. Company news commonly covers portfolio updates such as Dell Pro notebooks, Dell Pro Precision workstations, Dell Pro Max systems, monitors and client peripherals, as well as AI infrastructure offerings built around the Dell AI Factory with NVIDIA, the Dell AI Data Platform and Dell Data Lakehouse architecture.
Recurring updates also address partnerships and integrations with technology vendors, cybersecurity and cyber-resilience capabilities, storage platforms including ECS, ObjectScale and PowerScale, and management presentations on financial strategy. Corporate governance items may include proxy-related matters and incorporation-governance proposals tied to the company's public-company structure.
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.
Dell Technologies (NYSE:DELL) announces its early Black Friday deals starting from October 15, running through December 7. With online shopping surging, Dell aims to provide convenience and savings to customers, offering discounts up to $400 on selected products. The company reported a 79% increase in its direct online business in Q2 2020. New interactive shopping features include 360-degree demos and augmented reality tools.
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Dell Technologies announces an expanded UltraSharp portfolio aimed at enhancing productivity for hybrid work environments. The highlights include the world's first professional monitor featuring 2K mini LED technology, delivering precise colors and contrast. New monitors emphasize eye comfort with low blue light reduction technology and improved ergonomics. Notable products include the UltraSharp 32 HDR PremierColor Monitor priced at $4,999.99, and the UltraSharp 24 USB-C Hub Monitor at $449.99. Meeting Space Solutions for Microsoft Teams Rooms will be available from October 15, 2020.
Dell Technologies (NYSE: DELL) will hold an investor call focused on Dell Financial Services (DFS) on October 7, 2020, at 2:00 p.m. CT. Key executives, including DFS president Bill Wavro and CFO Colin Keaney, will discuss DFS strategy, its impact on Dell's overall business, and the financing receivables portfolio. The event will consist of a presentation followed by a Q&A session led by Amit Daryanani from Evercore ISI. A live webcast and replay will be accessible via Dell's Investor Relations page.
Dell Technologies has announced significant enhancements to its infrastructure portfolio, particularly for VMware environments. Key updates include support for VMware vSphere with Tanzu and the latest VMware Cloud Foundation, facilitating Kubernetes adoption. Innovations in Dell EMC PowerMax storage replication simplify management and enhance access to mission-critical applications. The introduction of Dell EMC ObjectScale provides cloud-scale storage for modern applications. Additionally, advancements in PowerProtect Data Manager offer new data protection capabilities, including support for Tanzu and backup without VM downtime.
Dell Technologies (NYSE: DELL) will feature Deepak Patil and Matt Baker in a virtual fireside chat at the Deutsche Bank 2020 Technology Conference on September 14, 2020, at 11:15 a.m. CT. The event will be accessible through a live webcast on Dell's Investor Relations page. Dell Technologies aims to provide innovative technology solutions for organizations and individuals in the data era, enhancing digital transformation.
Dell Technologies reported its fiscal Q2 2021 results, with revenue of $22.7 billion, down 3% year-over-year. However, operating income surged by 119% to $1.1 billion. Non-GAAP operating income was $2.6 billion, and net income also stood at $1.1 billion. The company's success in navigating the COVID-19 environment was evident through strong demand in sectors like government (up 16%) and education (up 24%). With a robust cash position of $12.3 billion and a $1.3 billion annual run-rate from as-a-service offerings, Dell aims to meet evolving customer needs.
Dell Technologies (NYSE: DELL) will host a conference call on August 27, 2020, at 4:30 p.m. CDT to discuss its fiscal 2021 second quarter financial results. The event will be accessible via a live audio-only webcast on Dell's investor relations website. A press release with detailed financial statements will precede the call. The conference aims to provide insights into Dell's performance and future directions in the digital technology landscape, showcasing its broad portfolio of products and services.