Dell's slump worsens - 13 WTHR Indianapolis

Dell's slump worsens

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The ongoing popularity of smartphones and tablets is hurting Dell's sales of desktop and laptop computers.

While Dell's quarterly earnings came in better than expected, the company lowered its earnings target by 20 percent for its fiscal year. It also scaled back its full year guidance.

Dell is trying to adjust to the shift to more mobile computing by expanding into software, technology consulting, data storage and computer servers. They all produce higher profit margins than selling PCs and printers.

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