Dell posts surprise revenue rise on booming demand for remote-work tools

Consumers and businesses are spending on notebooks at a rate Dell has not seen in over a decade, according to an earnings presentation, helping its client solutions group rake in a record US$12.29 billion in revenue, up about 8% from a year earlier.

NEW YORK: Dell Technologies Inc reported a surprise rise in third-quarter revenue on Tuesday, driven by buoyant demand for its desktops and notebooks from remote workers and learners during the COVID-19 pandemic.

The PC maker's shares were last up marginally in volatile after-market trading, as adjusted earnings matched Wall Street expectation of US$2.03 per share.