It's all market share gains for Dell. You will not see Dell hint at industry growth.

Typically a company will look at acquisition strategies when their growth starts to slow but there's no slowing down at Dell.

The job cuts don't change the competitive dynamic in the printers, server and storage markets. Will these changes help stem the share losses? That's certainly less clear.

This is further evidence of a deterioration in their business.

This is obviously a strong quarter, but investors did have high expectations for what the company could do,

Dell is taking market share in a more challenging environment. There a lot of question marks on how strong the recovery is but Dell continues to execute.