Shares in the US PC maker dropped by eight per cent earlier this week after it reported sales and earnings that fell short of market expectations.
Expanding business
Despite the negativity, Dell claims it has made progress in expanding the company away from being dependent on its traditional PC business. As such it believes it is in a strong position to withstand an economic downturn.
However, as the outlook weakens, Dell has reduced its forecast for sales in the current fiscal year to one-five per cent – down from the five-nine per cent range it had previously predicted.
According to Dell executives, the weaker revenues reflect a decision to cut back on sales with low profit margins, such as some consumer PCs, storage equipment and software. As such, a gross profit margin of 22.3 per cent for the quarter has been achieved.
Dell discount codes
Dell may be tightening the purse strings but that doesn’t mean that bargain hunters can’t pick up some great deals, as long as they are savvy.
If you’re in the market for a new PC, laptop or software then make sure you check out the range of Dell voucher codes currently on offer at 5hop5.ie. Here are some of the deals you could capitalise on:
- 10 per cent off all electronics and accessories (offer ends August 24).
- 10 per cent off all equipment and accessories (offer ends September 9).
- 10 per cent off all monitors (offer ends September 9).
Check out the listings at 5hop5.ie for more Dell Ireland
