Dell says US PC market has bottomed out global market remains unclear

July 15, according to the Associated Press, Dell said in Tuesday that the U.S. PC market has bottomed out, but the global technology industry when the recovery is still speculation.　　In the morning deal, Dell shares fell 96 cents to $12.06/share, down 7.4%. At the Wall Street analyst meeting, Dell explained in detail the forecast for Monday, and in Monday the company said sales in the current quarter were slightly better than in the previous quarter.　　Despite signals of improved business, Dell executives in Tuesday considered many of the constraints on the PC industry in the past few quarters still to be eased. As the economic crisis continues, companies have cut back on technology spending and delayed purchases of new computers. Although consumers are more eager to buy new computers than companies, they are prepared to choose cheaper products such as "netbooks". Dell CEO Michael Dell says it is certain consumers are ready to extend their computer's lifespan.　　He expects a new wave of replacement highs to emerge in 2010. Dell said the improvement in the business also varies significantly by region and by product type. Brian Gladden, the company's CFO, said sales in the United States did not necessarily improve, but saw the bottom in the current fiscal quarter, which ended on July 31, Brain Graden.　　With the Chinese market, Asian earnings are growing and Latin American sales seem to be improving, but Western Europe remains weak and even worse. Sales of big and small businesses around the world are very weak, similar to the first quarter.　　But Graden says sales of educational institutions and government departments are starting to grow as schools begin to start, and the consumer PC Division will be better off in the first quarter. Michael Dell says the company is more focused on the profits of the consumer's PC business than on market share. In the short term Dell will have to fight at least 2 lines. Graden said the rise in LCD monitors and memory prices would cut corporate profits, a trend that lasted at least 3 months. Companies must also cut prices to maintain some market share. He believes that this is a new change. (Mushulin) (Source: NetEase Technology Report author: Mushulin)