Group 1 - Dell Technologies will hold a conference call on November 25, 2025, at 3:30 p.m. CST to discuss its third quarter fiscal 2026 financial results [1][2] - The financial results will be released before the conference call, accompanied by a press release, financial statements, and guidance [2] - The conference call will be available as a live audio-only webcast on Dell Technologies' investor website, with an archived version accessible later [1][2] Group 2 - Dell Technologies aims to assist organizations and individuals in building their digital future and transforming their work, life, and play through a broad and innovative technology and services portfolio for the AI era [3]

Core Insights - Dell's AI Data Platform advancements aim to assist enterprises in transforming distributed and siloed data into faster and more reliable AI outcomes [1] Group 1 - The new advancements in Dell's AI Data Platform are designed to enhance the efficiency of data utilization within enterprises [1] - The focus is on addressing the challenges posed by fragmented data environments, which can hinder AI performance [1] - By improving data integration and accessibility, Dell seeks to enable organizations to achieve better AI-driven results [1]

Core Insights - Digital Realty Trust (DLR) has announced a collaboration with Dell Technologies and DXC to address enterprise AI challenges, enhance deployment processes, and accelerate outcomes [1][4] - The partnership enables enterprises to set up, deploy, and expand AI infrastructure in DLR's colocation data centers using PlatformDIGITAL, powered by Dell AI Factory and implemented by DXC [2][7] - This collaboration aims to streamline the transition from AI concept to deployment, reducing operational complexity while ensuring secure data access [2][3] Summary by Sections Collaboration Details - The collaboration combines Digital Realty's PlatformDIGITAL with Dell's AI Factory and DXC's expertise, providing a comprehensive solution for enterprises [7] - Enterprises will benefit from faster AI deployment, reduced complexity, and secure access to data, hybrid cloud, and enterprise environments [2][7] Technology and Services - The deployment utilizes Dell PowerEdge servers, Dell AI Data Platform, and Dell Networking alongside Digital Realty's global data center platform [3] - This integrated approach offers a complete range of AI and transformation services, enabling enterprises to streamline and accelerate private AI initiatives [3] Market Impact - Digital Realty's collaboration is expected to enhance its AI capabilities and expand into the growing enterprise AI market, capturing new AI workload opportunities [4] - Over the past three months, DLR's shares have increased by 0.7%, compared to the industry's growth of 1.4% [4]

Core Viewpoint - The personal computer (PC) market is projected to experience modest growth, with Apple and Dell Technologies positioned differently in terms of market share and product offerings, particularly in the context of AI integration and evolving consumer demands [1][3][17]. Market Overview - Global PC shipment is expected to grow by 2.1% year-over-year in 2025, reaching a total of 422.6 million units by 2029, with a compound annual growth rate (CAGR) of 0.4% from 2025 to 2029 [1]. - U.S. PC shipment growth is anticipated to be 1.7% in 2025, reaching 70.4 million units, with commercial shipments expected to grow by 6.3% [2]. Company Performance Apple - Apple's Mac business is benefiting from strong demand for its M4 chip series, with a new MacBook Air offering up to 18 hours of battery life and advanced camera features [6]. - In Q1 2025, Apple gained market share, achieving 8.7%, an increase of 70 basis points year-over-year, with shipments growing 14.1% to 5.5 million units [7]. - The consensus estimate for Apple's fiscal 2025 earnings has decreased by 0.6% to $7.18 per share, indicating a growth of 6.37% over fiscal 2024 [12]. Dell Technologies - Dell's Client Solutions Group reported revenues of $11.88 billion in Q4 fiscal 2025, a 1% increase year-over-year, with commercial client revenues rising by 5% [10]. - Dell's market share in Q1 2025 was 15.1%, down 30 basis points year-over-year, with shipments growing 3% to 9.6 million units [10]. - The earnings estimate for Dell's fiscal 2026 is $8.97 per share, unchanged over the past 60 days, reflecting a 10.2% increase from fiscal 2025 [11]. Valuation Comparison - Dell Technologies shares are considered cheaper than Apple's, with a Price/Sales ratio of 0.57X compared to Apple's 7.13X, indicating a more favorable valuation for Dell [13][14]. - Dell has a Value Score of B, while Apple has a Value Score of D, suggesting that Dell may offer better value at current prices [13]. Conclusion - Dell Technologies is viewed as a better investment option due to its strong AI-powered PC portfolio, solid partnerships, and more attractive valuation compared to Apple, despite both companies holding a Zacks Rank of 3 (Hold) [17].