Dell Inc (DELL.O) expects acquisitions to remain a critical focus for the computer maker, which is expanding into areas such as storage and services. Chief Executive Michael Dell said on Wednesday the No. 2 PC maker will focus on "midmarket opportunities," including small and medium businesses in the public sector and the healthcare industry as the company looks for long-term revenue growth of about 7 percent. Addressing a key area of concern, executives at the company's annual analyst conference said they expect to sustain recent improvements in gross margins, and continue to see strength in corporate information technology upgrades. The PC maker, which is diversifying its revenue base in the face of weakened consumer demand, has enjoyed renewed favor from investors after quarterly results rose and it raised its 2012 outlook in May on strong corporate sales and improved profitability.
Dell Inc. (Dell), Dell Inc. (Dell) is a technology company that offers a range of technology product categories, including mobility products, desktop personal computers (PCs), software and peripherals, servers and networking products, storage and services. Shares of DELL traded higher by 2.19% or $0.35/share to $16.36. In the past year, the shares have traded as low as $11.34 and as high as $16.96. On average, 25866700 shares of DELL exchange hands on a given day and today's volume is recorded at 27291286.
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