<p>Laptop maker Dell Technologies Inc on Tuesday forecast current-quarter revenue above estimates, highlighting strong demand for its personal computers and servers from companies moving toward a hybrid work model.</p>.<p>The company said it was expecting fourth-quarter revenue from continuing operations in the range of $27 billion to $28 billion, above analyst estimates of $26.23 billion, according to Refinitv IBES.</p>.<p>Revenue at Dell's client solutions business, home to its hardware devices, rose 35% in the quarter on booming demand from companies upgrading their computer systems to meet work-from-home challenges.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/technology/organisations-facing-data-protection-challenges-dell-1043379.html">Organisations facing data protection challenges: Dell</a></strong></p>.<p>Dell benefits from having a diverse portfolio of software and hardware revenue streams, and it is now trying to tap into high-growth markets, such as edge computing, cloud and telecoms, that have gained traction since the pandemic began.</p>.<p>Revenue from its infrastructure solutions group, which includes the data center business, was up 5% at $8.4 billion in the quarter.</p>.<p>Total revenue jumped 21% to $28.39 billion, compared with analysts average estimate of $26.82 billion, according to Refinitiv data.</p>.<p>The company's net income surged more than four-fold to $3.89 billion, or $4.87 per share, in the third quarter ended Oct. 29, from $881 million, or $1.08 per share, a year earlier.</p>.<p>Meanwhile, rival PC-maker HP Inc also reported a quarterly profit that more than quadrupled to $3.09 billion, and said its personal systems unit posted a 13% rise in revenue.</p>.<p>Dell's freshly spun-off cloud computing unit, VMware, posted a 10% rise in revenue during the quarter.</p>.<p>VMWare completed its spinoff from Dell, which owned 81% of the software firm, to become a separate publicly traded company on Nov. 1.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>Laptop maker Dell Technologies Inc on Tuesday forecast current-quarter revenue above estimates, highlighting strong demand for its personal computers and servers from companies moving toward a hybrid work model.</p>.<p>The company said it was expecting fourth-quarter revenue from continuing operations in the range of $27 billion to $28 billion, above analyst estimates of $26.23 billion, according to Refinitv IBES.</p>.<p>Revenue at Dell's client solutions business, home to its hardware devices, rose 35% in the quarter on booming demand from companies upgrading their computer systems to meet work-from-home challenges.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/technology/organisations-facing-data-protection-challenges-dell-1043379.html">Organisations facing data protection challenges: Dell</a></strong></p>.<p>Dell benefits from having a diverse portfolio of software and hardware revenue streams, and it is now trying to tap into high-growth markets, such as edge computing, cloud and telecoms, that have gained traction since the pandemic began.</p>.<p>Revenue from its infrastructure solutions group, which includes the data center business, was up 5% at $8.4 billion in the quarter.</p>.<p>Total revenue jumped 21% to $28.39 billion, compared with analysts average estimate of $26.82 billion, according to Refinitiv data.</p>.<p>The company's net income surged more than four-fold to $3.89 billion, or $4.87 per share, in the third quarter ended Oct. 29, from $881 million, or $1.08 per share, a year earlier.</p>.<p>Meanwhile, rival PC-maker HP Inc also reported a quarterly profit that more than quadrupled to $3.09 billion, and said its personal systems unit posted a 13% rise in revenue.</p>.<p>Dell's freshly spun-off cloud computing unit, VMware, posted a 10% rise in revenue during the quarter.</p>.<p>VMWare completed its spinoff from Dell, which owned 81% of the software firm, to become a separate publicly traded company on Nov. 1.</p>.<p><strong>Watch the latest DH Videos here:</strong></p>