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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lazlo Pierce who wrote (156968)	5/11/2000 4:26:00 PM
From: Lazlo Pierce	Respond to of 176387

Internet-Infrastructure Strategy Gains Momentum Mr. Dell said global Internet-infrastructure spending is expected to reach $370 billion annually by 2003, and his company's broad application of Web-based tools throughout its business gives Dell considerable authority with customers determined to exploit the power of the Internet themselves. Last month, Dell detailed for investors and others how it is translating its expertise into developing new Web-related customers, products, services and partnerships. (Additional information about the company's Internet-infrastructure strategy is available online, at www.dell.com/howeworks .) Dell's sales to the largest "dot-com" companies and application- and Internet-service providers, for example, have grown nearly 260 percent in just two quarters. In two months, the Dell Host Web-hosting service has gained more than 2,000 customers, 40 percent of them new to Dell and half of which switched from other hosting suppliers. And the company has begun shipping new PowerApp appliance servers designed for Internet tasks such as Web serving, caching and load balancing. U.S. Share Leads for Fourth Straight Quarter Dell's worldwide product shipments in the first quarter increased 32 percent, more than twice as fast as the average growth rate for the industry's 10 largest companies, as Dell maintained its No. 2 global ranking among all computer-systems companies. Quarterly revenue in the Americas region was up 35 percent, and shipment growth more than doubled the industry average. The company's United States market share earned it the No. 1 industry rank for the fourth straight quarter, and Dell claimed the No. 1 share spot in Canada for the first time. Americas sales to small- and medium-sized business customers jumped 59 percent, and revenue from consumers rose 51 percent. Dell Europe posted a 17-percent revenue increase, and product volume grew faster than the overall industry average. First-quarter sales in Asia-Pacific and Japan were up 47 percent, as Dell's shipment growth outpaced the industry rate. U.S. Server Share Five Points Higher Dell's quarterly increase in products at the core of the fast-growing Internet infrastructure was substantial, including a rise of more than 100 percent in sales of storage products. The company accounted for 40 percent of global industry growth in servers, gaining more than three points of worldwide market share and five full share points in the U.S., as the company again ranked No. 2 in the respective markets. Shipments of PowerEdge servers expanded at two and one-half times the worldwide and U.S. industry rates. Dell Precision workstation volumes were up more than 80 percent, extending the company's leading global market share in that product category and contributing to a 52-percent increase in overall sales of enterprise-class computer systems. In notebook PCs, the separation between Dell and the balance of the industry was even more pronounced. Total first-quarter revenue from the company's Inspiron and Latitude portable computers soared 67 percent, and shipment growth was twice the industry average. Dell for the first time moved to No. 2 in global notebook share, No. 1 in shipments to business customers worldwide, repeated its No. 1 U.S. ranking and moved to No. 3 in Europe.