In fact, Dell's year over year growth rate has been slowing down for some time.
How do YOU explain that?
Time for some numbers.
From MSN investor I found the following:
DELL Revenue - Quarterly Results ($ Millions)
Qtr FY (1/99) %growth FY (1/98) %growth FY (1/97)
1st 3,920.00 51% 2,588.00 58% 1,638.00
2nd 4,331.00 54% 2,814.00 67% 1,690.00
3rd 4,818.00 51% 3,188.00 58% 2,019.00
4th NA 3,737.00 55% 2,412.00
Total 13,069.00 12,327.00 59% 7,759.00
This means that to match last year's same quarter growth
of 55% you would need $5.8 billion and expected is $5.4
billion which, rumor has it, may only be $5.2 billion.
So if DELL does report the projected $5.4 billion, then
their growth rate will have dropped to 44.5% from last
year's 55%. In order for DELL to surprise and hold its
own, they would have to report $5.8 billion (55% increase
in sales).
You are saying that they will not make the grade.
Dell will report somewhere close to the $5.4 billion and
show a dramatic drop in % growth from 55% down to 44.5%
implying that they are losing market share in a big way.
If true, this also may have a ripple effect because it means that
fewer processors are being sold than thought or it may only mean that
other people are selling the machines.
Have I got this right? |
