All is swell at Dell: Look, first storage share gain since closing EMC deal

Dell revenues soared in its first fiscal 2019 quarter, compared to the year-ago period, with losses down two-thirds and server income leaping 41 per cent. For the first quarter of the 2019 financial year – the three months to May 4 – revenues were $21.4bn, 19 per cent higher than the $18bn reported a year ago. The net loss was …

[baspax]

I have a stupid question

Why is this 41% leap being reported without asking the obvious question? Why and how?

What happened last year? And what changed this year?

[Michael Duke]

Re: I have a stupid question

The obvious is they took the eye off of the ball during transition and now that is behind them.

[Anonymous Coward]

Re: I have a stupid question

That's a stupid answer.

[iPhonePhan]

Re: I have a stupid question

If you look at their IDC statistics, their growth was in mainstream revenue, meaning that this is NOT attributed to a hyperscale deal, and is reflective of traditional customers (SME, Gov, Fed, Enterprise, etc...). Something is working for them...

[Charlie Clark]

VMWare remains the most valuable part

Approx. 33% margins compared to less than 10% on everything else.

As with all other US companies sales in non-dollar markets have benefitted over the last year from the weaker dollar.

[Anonymous Coward]

pretty simple explanation...all Y/Y data to date was misleadingly negative because of the delta's between Dell's fiscal year and Ex-EMC's calendar year. This is the first catchup where everything is on the same calendar. Which put another way, the past 4 quarters of doom and gloom have been way overstated, and the miraculous numbers here are as well.

[Anonymous Coward]

Weren't 4Q18 results 21.935Bn so this is actually a QoQ decline? This just looks like an easy YoY compare vs 1Q18.

[diodesign]

Numbers

An anonymous HPE staffer wrote:

"Weren't 4Q18 results 21.935Bn so this is actually a QoQ decline? This just looks like an easy YoY compare vs 1Q18."

We compare year on year, typically not quarter to quarter.

C.

[Anonymous Coward]

hmm, guess the NetApp leaning register knows no bounds...this article hidden now unless searched for, doesn't even show up chronologically in the DC news anymore...