Dell's quarterly revenue drops 20% on weak PC demand

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Dell's quarterly revenue drops 20% on weak PC demand
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:Dell Technologies Inc's revenue fell for a third straight quarter on Thursday as demand for desktops and laptops cooled following a pandemic rush for work-from-home equipment.Its shares were halted after the company announced results during regular trading hours, even though they were scheduled for after mar

:Dell Technologies Inc's revenue fell for a third straight quarter on Thursday as demand for desktops and laptops cooled following a pandemic rush for work-from-home equipment.

Recent earnings from rivals HP Inc and Lenovo Group had also suggested that a recovery remains distant as an uncertain economy threatens the sector's key enterprise customer base and worsens inventory pile-ups.

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