Dell Missed Out on the PC Sales Boom -- Again

For the second quarter in a row, sales of desktops and laptops grew. Millions of employees continued to turn their homes into offices during the third quarter, and a slew of students are now attending online school as well. All told, PC sales grew between 3.6% and 14.6% during Q3, depending on which research outfit is crunching the numbers.

The two number-crunchers in question do agree on one thing, though. That is, for the second quarter in a row, Dell (NYSE: DELL) completely missed out on the rising tide that's lifting rival computer makers like HP (NYSE: HPQ), Apple (NASDAQ: AAPL), and Lenovo (OTC: LNVGY). Investors may want to take the hint.

Image source: Getty Images.

Continue reading


Source Fool.com