>Dell Technologies Inc. exceeded thepricerevenues that he estimated, from the shift of the market to computers due to telecommuting.
People all over the world have increased demand for laptops and desktops due to coronavirus and teleworking. The increased demand did not stop even after a year of working from home.
International Data Corp. data showed that PC shipments grew by 13% from April to June, but growth was much slower than last year.
While the industry simultaneously faced a shortage of parts and supply chain problems supply, Dell's hardware revenue rose 27% to $14,3 billion, a record number for its data.
Cloud-computing grew by 8%, thanks to orders companies trying to cut costs and expand their digital presence.
Total revenue rose 15 percent to $ 26,12 billion, beating analysts' average estimate of $ 25,53 billion, according to Refinitiv.
The resumption of the economy has redirected some consumer spending from computers to other sectors. But the recent increase in COVID-19 cases and the Delta mutation has caused new social constraints and could potentially increase demand for equipment due to distance work.