Following rumors of possible delays of Apple ( AAPL) products to reach the market in Holiday buying season, Dell has warned its revenues could be hit by a worldwide shortage of hard drives caused by the flooding in Thailand. Thailand is a production hub for many global firms, and severe flooding has hurt a wide range of industries. US-based Dell is the world's third-largest personal computer maker. The earnings warning came as Dell announced revenues of $15.4bn and net profits of $893m for the third quarter of 2011. Dell has warned its revenues could be hit by a worldwide shortage of hard drives caused by the flooding in Thailand. Thailand is a production hub for many global firms, and severe flooding has hurt a wide range of industries. US-based Dell is the world's third-largest personal computer maker. The earnings warning came as Dell announced revenues of $15.4bn and net profits of $893m for the third quarter of 2011. I am still bullish on DELL, IMHO the floods will affect DELL very temporally, see my previous post:
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