Dell sees 2006 sales growing faster than market

More good news from Dell (DELL):

Dell Inc., the world’s largest maker of personal computers, expects its sales growth to outpace the broader industry this year, aided by rapid expansion in Asia, chairman Michael Dell said on Tuesday.
“We would expect that this year, Dell will grow faster than the industry,” Dell, in Manila to open a new customer center, told reporters.
“In the last three years, Dell has grown from roughly $35 billion of revenues to roughly $56 billion … We need tremendous capacity to support our internal growth and we see that growth continuing.”
Worldwide PC shipments rose 17 percent in the fourth quarter of 2005. Research firm IDC has forecast a 10.6 percent increase in shipments in 2006.

Also, Lenovo is laying off 1,000.

Posted by on March 21st, 2006 at 9:49 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.