Business & Finance

Dell says hard drive shortage will be constrained into Q1

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Amid Midha, Dell's President of South Asia and Asia-Pacific Japan, said on a conference call that the company purchased a significant amount of hard drives last month, but he refused to disclose the inventory level.

"But we have an improving visibility in the situation day by day; it's a fluid situation," said Midha.

The world's No. 3 personal computer maker's quarterly revenue just missed Wall Street estimates, and the company warned that full-year revenue could be hurt by an industrywide shortage of hard drives.

Copyright Reuters, 2011