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Dell observes a sudden decline in PC demand after an initial year-over-year increase, indicating customer caution in recent months.
Dell's COO reported a year-over-year increase in PC demand at the beginning of the quarter, with a positive trend in August. However, a shift occurred as the business experienced a slowdown in September, which further declined in October, attributed to increased caution among customers.
Source: TheTranscript
$DELL COO on PC demand:
— The Transcript (@TheTranscript_) December 10, 2023
"through the month of August, the first month of the quarter, our PC business is up year-over-year. And then things changed. The business started to slow. It slowed in September, it slowed more in October. We saw more cautiousness from our customers"
Source: TheTranscript
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