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Dell, HP Results Top Wall Street Estimates on Pandemic PC Demand

  • Students snap up new computers to access virtual learning
  • Employees also buy extra technology to keep working from home
Technology Distribution Day As Schools Remain Close For In-Person Learning
Photographer: Rebecca Smeyne/Bloomberg

Dell Technologies Inc. and HP Inc. reported results that topped Wall Street estimates, in a sign of strong demand for personal computers from students and workers stuck at home during the coronavirus pandemic.

Quarterly revenue from Dell’s consumer devices jumped 18% to $3.2 billion, while HP said it shipped a record 18 million PCs in its fiscal third quarter.