One of the main problems of the company is the weakening of consumer demand.

The Dell Technologies shares collapsed by more than 13% despite the stronger quarterly reporting. Aggressive sales were triggered by a warning that the general weakening of business and consumer demand would put pressure on the company's sale in the short term.

In the second quarter, adjusted profit amounted to $ 1.68 per share, exceeding the forecast of 4 cents, while sales increased by 9% to the record $ 26.43 billion partly due to interest from companies promoting hybrid models of the workspace, which helped compensate 9 %fall of sales to consumers.

At the same time, in relation to the current quarter, Dell, following the example of its competitor, Intel warned of a more modest forecast, which involves a revenue of $ 23.8- $ 25 billion, and a profit in the region of $ 1.57- $ 1.79 per share.

Recall that last month Intel cut its annual sales forecast, referring to the extinction of demand for laptops and desktop PCs. According to the results of the current quarter, the company expects a sale in the region of $ 15-6 billion, which is lower than the assessments of analysts and market observers. The annual revenue forecast was reduced to $ 65- $ 68 billion due to weakening demand, violation of supply chains and unbridled inflation.

Dell noted that the assessment of the state of demand has changed for the worse, since consumers began to be more caught in relation to their needs due to general economic uncertainty. Against this background, the prospects have worsened until the end of the second half of the year, forcing Dell to resort to a reduction in expenses in order to adapt to less favorable realities.

Dell quotes, which, after Friday, have lost another 2% at a auction on Monday by 13%, now lose more than 20% since the beginning of the year, bargaining for 3 months of minimums, although a couple of weeks ago they climbed maximums of late June.

Given the far from rainbow expectations of the company, to which the federal extension of the Federal Reserve has now been added, in the short term, the continuation of sales of papers with subsequent turning is excluded. However, if Wall Street as a whole can not return to growth in the near future, you can expect testing of May minimums in the region of $ 38.30, the loss of which will open the way to the level of spring 2020, when pandemics hit the world platforms.

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