New York, Aug 16: Dell, the leading personal computer company, on Thursday reported its fifth consecutive quarter of year-on-year profit improvement and said that technology demand has stabilized but not greatly improved. Chief Executive Michael Dell said corporate executives' outlooks are improving slightly, following three years of recession in spending on information technology.
"I will certainly tell you that there is increased optimism among CEOs and large companies, but I don't really want to characterize it too strongly," Dell said on a conference call with reporters. "It's sort of incrementally improving."
"I think it's going to take a couple more quarters of economic improvement before you see IT budgets growing substantially," he said.
Bureau Report