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Dell Inc.’s quarterly earnings and margins blew past Wall Street’s expectations as component costs slid and corporations replaced aging technology, propelling its shares 6 percent higher.
Dell, which is trying to shed a reputation for specializing in low-margin computers, still pulls in most of its revenue from personal computers. It has benefited from a surge in spending as businesses of all sizes buy equipment after two years of recession. Get the full story »
A long-anticipated milestone was hit late last year: Smartphone shipments overtook PCs.
Manufacturers shipped 100.9 million smartphones to stores around the globe in the final three months of 2010, compared to 92.1 million personal computers, according to a study released this week by IDC. Get the full story »
For the first time in several years, people shopping for personal computers are doing something new: paying more.
In November, the average retail price of a PC sold in the U.S. was $615, up 6 percent from last year’s $580, which marked a record low, according to research firm NPD Group. Average PC prices have now increased in six of the past eight months compared with 2009 levels, according to NPD data. Get the full story »
