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Sales at Dell Technologies inched up 2% year over year to $94.2 billion, adding to the tech behemoth’s slow-and-steady rise since going public three years ago. Demand for the company’s personal computers, laptops, and desktop monitors swelled as COVID-19 forced people to work remotely. Revenue for the consumer electronics division rose 5% year over year to $48.4 billion, amounting to more than half of the company’s total business. In April, Dell said it would spin out VMware, the enterprise software firm that Dell acquired as part of its 2015 acquisition of EMC. The move is expected to generate up to $9.7 billion for Dell, key to paying down outstanding debt.
Lists ranking Dell Technologies
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Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list
World’s Most Admired Companies - 2021After a year in which humanity leaned more heavily...READ MOREview in list
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World’s 25 Best Workplaces - 2020Companies on this year's list earned national reco...READ MOREview in list
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Global 500 - 2020This year's Global 500 generated $33.3 trillion in...READ MOREview in list