Overall Dell revenue for fiscal Q3 2013 is down by -11% Y-o-Y (or 5.3% Q-o-Q), reaching $13.7bn. Earlier analyst forecasts hoped for Dell revenues showing at least 3% Y-o-Y growth.
EMEA is the worst hit region, with revenues dropping by -15% Y-o-Y.
Enterprise remains the only bright spot for the PC maker-- Dell Enterprise Solutions and Services revenues grow by 3% (to $4.8bn) and server and networking products reach 11% Y-o-Y growth.
However it does see declines in large enterprise (-8%), public (-11%) and SMB (-1%) revenues, reflecting the current mood of the global economy.
This contrasts with consumer revenues dropping by -23% Y-o-Y to $2.5 billion (with $65 million in operating losses), mostly due the general PC market continues its global downwards spiral.
The company hopes the situation will improve through post-Windows 8 shipments, even if it is somewhere between a rock and a hard place in PCs-- Lenovo and Asus (the only two PC makers actually showing growth during Q3 2012 according to Gartner) on one side and consumer preference for mobile devices on the other.
As Dell CEO Steve Felice admits “growth in [PC] space continues to occur predominantly in the low value and entry-level desktops and notebooks, where we’ve chosen not to participate, and in tablets.”
