Dell and HP report revenue rises, but the outlook may not be quite as bright

• Dell and HP both expect poor revenue growth in next quarters
• Computing giants say consumer market outlook for PCs is weak
• A shift to AI PCs may signal shift in outlook, however

Two of the world’s largest PC makers have signalled caution for growth over the next few months as the demand for new devices declines.

Despite seeing its most recent quarterly revenue rise 10% year-over-year to $24.4 billion, Dell is now predicting its next and final fiscal quarter will see revenue stagnate around the $24-25 billion mark, with much of the uncertainty coming from weak consumer demand.