Dell Technologies reveals stunning revenue

Dell Technologies at MWC 2017Dell Technologies said its revenue was $20.1 billion an operating loss of $1.7 billion in its fiscal 2017 fourth quarter.

The enterprise networking and devices company did not provide growth related figures.

Dell Technologies’ revenue was $61.6 billion with an operating loss of $3.3 billion in fiscal 2017.

The company ended the year with a cash and investments balance of $15.3 billion, an increase of $287 million from the third quarter.

Since closing the EMC transaction, Dell Technologies has paid down approximately $7 billion in debt.

Client Solutions Group revenue of Dell Technologies was $9.8 billion (+11 percent) for the fiscal fourth quarter and $36.8 billion (+2 percent) in fiscal year 2017. Operating income was $342 million for the quarter and $1.8 billion for the full year.

Dell Technologies said PC shipments were 11 million (+8.2 percent), representing the largest volume of products shipped since the fourth quarter of 2011.

Dell Technologies has the No. 1 share position worldwide for displays, gaining unit share year-over-year for the 16th consecutive quarter.

Infrastructure Solutions Group revenue of Dell Technologies was $8.4 billion, including $3.6 billion from servers and networking and $4.8 billion from storage, and an operating income of $1 billion.

Dell Technologies said it regained the No. 1 worldwide server unit share position driven by strength in the mainstream PowerEdge business.

Dell Technologies has the No. 1 market share position in all-flash arrays, which exited 2016 at a more than $4 billion demand run rate.

Dell Technologies is the industry’s fastest growing hyper-converged infrastructure vendor during the calendar fourth quarter with more than 300 percent demand growth.

VMware revenue for the fourth quarter was $1.9 billion, with operating income of $565 million, or 29.2 percent of revenue.