Dell Technologies Inc joined rivals in predicting a slowdown as runaway inflation and the darkening economic outlook prompt consumers and businesses to tighten their purse strings, sending its shares down 8 percent in extended trading on Thursday.
Industry majors from Intel Corp to Lenovo Group have warned of a slump in the personal computer market after a two-year boom during the pandemic, with research firm Gartner estimating shipments would drop 9.5 percent in 2022.
