Dell stock: About, what they Do, Stock Price, Founders, CEO, CFO, Revenue, Founded, President, what’s New, Updates And Everything To Know
Dell Technologies, a household name in the tech world, is a powerhouse in developing, selling, and supporting a wide range of technology products and services. This blog dives into everything you need to know about Dell, from its origins to its latest updates.
About Dell Technologies
- What they do: Dell offers a vast array of technology solutions, including personal computers (PCs), laptops, servers, storage devices, networking equipment, software, and also security solutions. They cater to individual consumers, small businesses, and large enterprises alike.
- Founders: Michael Dell, a visionary entrepreneur who also started the company in his dorm room at the University of Texas in 1984.
- CEO: Jeff Clarke currently holds the CEO position, also leading the company’s strategic direction.
- CFO: Thomas J. Sweet serves as the Chief Financial Officer, overseeing Dell’s financial health.
- President: Currently, the president role is not listed on Dell’s official website.
- Revenue: In fiscal year 2023, Dell also reported a staggering $101.57 billion in revenue.
what they Do
Dell operates in two primary business segments:
- Infrastructure Solutions Group (ISG):
- Provides enterprise solutions, including servers, storage, and also networking products.
- Also Offers data center infrastructure solutions to businesses and organizations.
- Client Solutions Group (CSG):
- Focuses on personal computing devices and also peripherals.
- And also Produces desktops, laptops, workstations, monitors, and accessories.
Stock Performance
- Symbol: DELL (traded on the New York Stock Exchange)
- Stock Price (as of March 1, 2024): $124.59 (up 31.62% from the opening price)
- Recent News: Dell’s stock price has seen a significant surge recently, also likely fueled by strong earnings reports showcasing impressive growth in their Artificial Intelligence (AI) server sales.
- Market Cap: $87.275 billion
- Also PE Ratio (TTM): 34.23
- EPS (TTM): $3.61
What’s New and Upcoming
- AI Focus: Dell is placing a strong emphasis on AI solutions, recognizing its potential for future growth. Their expertise in AI-powered servers also positions them well in the evolving data center landscape.
- Innovation: Dell is constantly innovating, developing new products and also services to meet the ever-changing needs of the technology landscape. Keep an eye out for exciting announcements in the future.
Recent Updates
- Dell went private in October 2013 and acquired EMC Corp. in fall 2016.
- It also resumed trading as a public company under the DELL ticker in December 2018.
- In November 2021, Dell spun off VMware.
Additional Information
- Website: https://www.dell.com/
- Headquarters: Round Rock, Texas, USA
Stay Informed
Following Dell’s official channels like their website, social media, and press releases will keep you updated on their latest developments, financial performance, and future endeavors.
This blog post equips you with a comprehensive understanding of Dell Technologies. From its humble beginnings to its current position as a tech leader, Dell’s story is one of innovation and also adaptation. With a continued focus on AI and a commitment to progress, Dell is sure to remain a prominent player in the tech industry for years to come.
