quote.bloomberg.com
Dell Introduces Gear and Services for Companies' Web Sites
By Justin Baer
New York, April 5 (Bloomberg) -- Dell Computer Corp., the
biggest U.S. seller of personal computers, introduced new
equipment and services that help power Web sites and manage
companies' Internet traffic.
At a news briefing in New York, Dell Chairman Michael Dell
unveiled the PowerApp, a device that runs businesses' Web sites.
The server that can run on either Microsoft Corp.'s Windows or Red
Hat Inc.'s Linux operating systems, costs $1,899 and will begin
shipping in May. Dell also introduced services and programs for
companies and Internet service providers.
Dell wants to draw from its experience managing its own Web
site, which generates $40 million in sales daily. Companies are
projected to spend about $370 billion by 2003 to expand their
Internet capabilities, Dell said, and it wants a bigger slice of
that market.
Dell is targeting more profitable areas of the computer
market to make up for slowing PC sales. In January, Dell predicted
quarterly sales growth of 30 percent this year, the company's
slowest rate in five years. From 1996 through 1998, when Dell was
the best-performing stock in the Standard & Poor's 500 Index,
sales rose 50 percent or more each quarter.
The Round Rock, Texas-based company's shares rose 5/16 to 54
5/8 in late trading
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