Dell, a renowned name in the technology industry, recently announced its quarterly results, defying expectations and showcasing its enduring legacy. While the PC market faced challenges, Dell’s financial figures exceeded analyst estimates, highlighting the company’s ability to adapt and thrive in an ever-changing landscape.

Dell’s Enterprise PC Segment was the saving grace for the company

With a rich history spanning decades, Dell has established itself as a key player in the technology sector. Founded in 1984 by Michael Dell, the company initially gained recognition for its direct-to-consumer sales model, revolutionizing the way computers were distributed. By cutting out the middleman and offering customizable solutions, Dell rapidly gained a loyal customer base.

Over the years, Dell expanded its product portfolio, encompassing a wide range of offerings, including personal computers, laptops, servers, and storage devices. The company’s commitment to innovation and customer-centric solutions propelled its growth, allowing it to become a global leader in the industry.

In the face of a challenging PC market, Dell’s recent financial report offered a glimmer of hope. Despite an overall revenue decline of 20% compared to the previous year, the figures surpassed analysts’ predictions. Dell’s effective cost control measures contributed to improved earnings, underlining the company’s ability to navigate turbulent times successfully.

One particular highlight within the report was the performance of Dell’s enterprise PC segment. Sales exceeded expectations, generating substantial revenue and showcasing the company’s strong foothold in the corporate sector. However, the consumer PC business faced headwinds, experiencing a significant decline in sales. Even in China, Dell doesn’t seem to be doing too well.

While Dell’s competitors also struggled with lower-than-expected PC sales, the company remains optimistic about the future. Looking ahead, Dell’s Vice President, Yvonne McGill, revealed that revenue for the upcoming quarter is expected to range between $20.2 billion and $21.2 billion, signalling a potential turning point. As Dell continues to evolve and adapt to changing market dynamics, it will be interesting to see how the company’s future success plans look like.

RELATED:

• Dell Suffers Major Setback in China PC Market as Huawei Takes Second Spot with Premium Products
• Project Helix is Nvidia & Dell’s Latest Collaboration to Build Models using Generative AI
• Best ChatGPT Extensions for Chrome

(Via)

The post Dell’s Revenue Dips 20% in Q1 2023, which is still better than Analysts’ Predictions appeared first on Gizmochina.

With more and more websites setting restrictions on the passwords you can use (ie it must have a capital letter, a unique symbol or your password must be 12 characters long), password managers such as Dashlane, KeePass, and 1Password have been gaining attraction among online users over the past 5 years.

One among the popular password managers, LastPass, reported in their official community blog post, that unfortunately their service was hacked this August 2022.

The report states that the team has determined that two weeks ago, an unauthorized party gained access to portions of the LastPass development environment through a single compromised developer account and took portions of source code and some proprietary LastPass technical information.

In response to the security incident, the company states that it has deployed containment and mitigation measures, and engaged with a leading cybersecurity and forensics firm. The investigation regarding LastPass’ security incident is still ongoing, and the company has notified its users that currently there is no evidence that this incident involved any access to customer data or encrypted password vaults. 

LastPass’ products and services are operating normally, and with regard to the incident, the company has also implemented additional enhanced security measures and is evaluating further mitigation techniques to strengthen the cybersecurity environment.

Lastly, LastPass informs users that none of its users’ Master passwords have been compromised. LastPass says that it never stores or has knowledge of its users’ Master Passwords. The password manager utilizes an industry-standard Zero Knowledge architecture that ensures LastPass can never know or gain access to their customers’ Master Password.

RELATED:

• Netflix could launch ad-supported plan and password sharing fees this year
• iQOO 10, iQOO 10 Pro with Snapdragon 8+ Gen 1 goes on sale in China, starts at 3,699 Yuan (~$548)
• Huawei Launches the Freebuds Pro 2, its Latest Premium Wireless ANC Earphones, in Malaysia
• Oppo Enco Buds 2 Launched with 28-Hour Battery Life & 10mm Titanum Driver
• Giztop is giving $100 OFF on Xiaomi 12S Pro Smartphone

(Source)

The post Password Manager LastPass Confirms They Were Hacked This Month appeared first on Gizmochina.

According to a new report, Huawei has begun market research for desktop computers. Huawei is already well known for its wide array of consumer grade electronics products which include smartphones and even laptops. So, desktop computers might be another area the company plans on investing in.

Huawei’s MateBook series laptops have successfully been received by many customers. Currently, these are one of the only products that are compatible with Microsoft’s Windows OS. Notably, Huawei has previously launched desktop computers in the past but those have been exclusive for commercial enterprises. So, the upcoming Huawei desktop computers might be the first from the company that is aimed at mainstream consumers.

The news about Huawei’s market research was shared online by a Weibo user. It also mentioned that the company is performing surveys. These survey reports are made by inviting multiple volunteers and asking for their views and requirements on Huawei building a desktop computer. Thus, it can be surmised that the company might have already started with building prototypes of such PCs.

Editor’s Pick: Xiaomi & Huawei to use foldable panels from Samsung Display in 2020: Report

The post on the Chinese microblogging website also shared the technical specifications of Huawei’s desktop computers. The PC is equipped with Kunpeng 920S processor (an indigenously built processor from Huawei) and supports up to 64GB of RAM. It also features a dedicated graphics card which indicates it might a gaming desktop or be offered in variants specialized for gaming.

Since commercial computers have been successful in various corporations, the company is also planning on increasing the production capacity to meet the market demand. Unfortunately, the news has yet to be made official by Huawei and there are no concrete confirmations. So, readers can take this with a grain of salt.

UP NEXT: HTC official site down for many users, raises concerns regarding Elevate program

(Via)

The post Huawei may sell desktop computers soon, company begins market research appeared first on Gizmochina.