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Friday, 28 February 2020

Dell punts on coronavirus impact, but confirms CPU shortages still exist

A day after Microsoft preannounced lower revenues due to the coronavirus impact, Dell Technologies sidestepped the same question.

Dell said its fiscal 2021 guidance of between $91.8 billion to $94.8 billion in revenue does not include any impact from the coronavirus (COVID-19) at all, though executives did say they expect first-quarter revenues to be “negatively impacted,” especially in China. (Dell reported fiscal 2020 revenues of $92.2 billion. The company’s 2020 fiscal year ended on January 31, 2020.) 

dell fy21 financial guidance Dell

Dell's guidance for fiscal 2021 and its risk factors, including the CPU shortages and coronavirus risks.

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