Better cost controls at Dell Technologies Inc helped the laptop maker beat estimates for first-quarter profit and revenue on Thursday, a positive sign for personal computer makers that have grappled with cratering demand for over a year.Shares of the company shot up 5 per cent. The stock was halted after
Better cost controls at Dell Technologies Inc helped the laptop maker beat estimates for first-quarter profit and revenue on Thursday, a positive sign for personal computer makers that have grappled with cratering demand for over a year.
Dell's results offer some relief to the industry after weak earnings from rivals HP Inc and Lenovo Group fanned worries that a recovery in the PC market was still far away.
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