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Technology

The News For Dell Keeps Getting Worse

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

Hewlett-Packard (HPQ) widened its global PC sales lead over Dell (DELL), again. HP’s PC shipments in Q4 increased by 24% over the same period last year. Its worldwide market share now stands at 17.1% according to research firm Gartner.

Dell’s PC shipments actually fell in the last quarter of the year. Units shipped dropped 8.7% taking its global share down to 13.9%.

Dell says that it is focusing on profitability instead of raw growth, but the news is another set-back for the company and its shareholders. Based on HP’s quarterly filings, its PC business appears to be profitable, so the new Dell strategy may simply be masking an inability to draw new customers.

The drop in share may also signal that Dell will have another poor quarter when its announces it results for the last calendar quarter of 2006. The stock has staged a recovery since July rising from $19 to just below $26.

Those gains could be erased.

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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