I would imagine 2 things are happening here: 1. Less people are buying PCs and laptops as they are realizing that browsing the web and checking email can be do

I would imagine 2 things are happening here: 1. Less people are buying PCs and laptops as they are realizing that browsing the web and checking email can be done with tablets and netbooks (and smartphones). A few years ago you got a PC. Now you get an iPad or iPhone. 2. Less companies are buying servers as they are moving to the "cloud". The "cloud" is of course bullshit (no real scalability, piss-poor performance, etc) but the marketing won. My understanding of Dell is that most of the profits they make are derived from upgrades and from the more expensive systems. All their "deal" PCs and laptops are loss-leaders (break-even at best).