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Dell Technologies Q4 highlights PC surge, debt reduction

Dell Technologies outlined its fiscal year now that it has EMC in the fold.
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Written by Larry Dignan on

Dell Technologies said its PC shipments were up to the highest levels since 2011 in the fourth quarter as its infrastructure unit had revenue of $8.4 billion.

The company, which is integrating the acquisition of EMC, said it posted a fourth quarter operating loss of $1.7 billion with revenue of $20.1 billion. The non-GAAP operating profit was $1.8 billion.

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Dell Technologies also said it paid down $7 billion in debt in the quarter. For fiscal 2017, Dell said it had an operating loss of $3.3 billion on revenue of $61.6 billion.

According to the company, non-GAAP figures will be used to detail the business results due to the EMC transaction and Dell going private.

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The Dell XPS 15 rates for creation and destruction:

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