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Dell Technologies Inc - Class C
Dell Technologies Inc - Class C
DELL

Dell Technologies Inc - Class C (DELL)

$58.452.27%

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Key Stats

Open$57.91
Today Low/High$57.45 / $58.6
52 Week Low/High$35.24 / $58.64
P/E ratio12.08
Market Cap$40.33B

Company Details

“In 1984, American Michael Dell launched the firm, which was formerly known as PC's Limited. Dell began his business in a dorm room, delivering customised upgrades for PCs. Dell dropped out of college the same year to start making computers once the business proved viable. In 1988, the business was renamed Dell Computer Corporation and went public. The global COVID-19 pandemic has spurred significant increasing demands for Dell PCs due to the new remote workforce. According to IDC, Dell will ship 50.3 million PCs worldwide in 2020, up from 46.5 million in 2019. Dell PC shipments increased by 27 percent year over year in the third quarter of 2020, delivering 15.8 million PCs and securing 17 percent of the worldwide PC market shipment share. Financial Out-Look Before 2013, Dell was a publicly traded firm, with PC sales accounting for most of its income. After slipping to a market share of just 10.4% of global PC sales in 2013, Michael Dell, the company's founder, and CEO purchased the company for $24.4 billion and took it private for a time of strategic adjustment. Dell Technologies was re-listed as a public corporation in late 2018. Dell Technologies is the world's largest vendor for cloud IT infrastructure and storage systems, reflecting the evolving demands of digital transformation. Dell Technologies' revenue in the financial year 2021 was roughly 94.22 billion dollars. Dell Technologies has grown its net sales for the fifth year in a row, a welcome reversal after almost a half-decade of declines that occurred during a period of transition when the company was bought out and privatized to re-calibrate its business model. Dell's global market share of PC shipments stayed over 15% for the complete year of 2020, making it the world's third-largest PC vendor after Lenovo and Hewlett Packard. Currently Dell Technologies Inc - Class C has a market cap of $40.33 Billion. It has a P.E ratio of 12.08. The shares of Dell Technologies Inc - Class C are trading at $58.48. ” .
OrganisationDell Technologies Inc - Class C
HeadquatersRound Rock, Texas, US
Employees165K
IndustryElectronic Technology
CEOMichael Dell
Company Financials
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  • Quarterly P&L

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