Dell is blaming poor sales in the PC market for an eight percent drop in quarterly revenues.
The company said that its revenues of $14.5bn were down from $15.7bn the previous quarter despite gains in the company's server and business services sector.
According to Dell, PC sales were largely to blame for the slow financial quarter. The company said that revenues from its mobility business were down 19 percent, while desktop PC figures had dropped by nine percent.
Additionally, the company saw revenues from its storage business down by 13 percent over the same period last year.
The company said that the revenue drop came as it was looking to refocus its business model around the more successful server, networking and services units and away from the PC markets.
"We're transforming our business, not for a quarter or a fiscal year, but to deliver differentiated customer value for the long term," said founder and chief executive Michael Dell.
"We're clear on our strategy and we're building a leading portfolio of solutions to help our customers achieve their goals."
Dell is hardly alone in its sagging PC returns. Rival vendor HP has seen its own PC business sales falter, while analysts across the sector see the PC market going downward amid slow spending and rising interest in tablet devices.
The PC market could, however, get a much-needed boost next quarter, when the release of Microsoft's Windows 8 platform is expected to boost the sales of desktop, notebook and tablet PC models.
Some parts of Atacama have not received rainfall for 500 years - but a sudden deluge of water upset the Desert's delicate biological balance
Spitzer Space Telescope could not spot Oumuamua, suggesting that it is actually pretty small
Greenland crater one of the 25 largest impact craters on Earth
This long-sought progenitor star was identified in an image captured by Hubble in 2007