As for the PC business, where Dell maintains a market-share lead in the United States, Schneider pointed out that his company has been profitable since the first quarter of 2001, while other companies in the PC space have lost money. "As we continue to grow market share, we're the only ones that have actually driven a profit," he said.
Coinciding with the conference was a report by Raymond James which said that while a "recovery has been building since June, it did not broaden until this quarter.
"In addition to improvement in the SMB sector and in Europe, we saw the first signs of improvement in the large corporate account sector," according to the report.
Kent Foster, chairman and CEO of Santa Ana, Calif.-based Ingram Micro, said the distributor reiterated its earnings forecasts last week in anticipation of questions at the Raymond James conference. The company said it anticipated quarterly sales of between $5.7 billion and $5.9 billion, with an operating profit of between $32 million and $37 million for the fourth quarter.
"We're feeling good about where the business is going [over] the next few months," Foster said.
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