Computing giant Dell has warned of low revenue expectations for the third-quarter, due to economic uncertainty and a highly competitive marketplace.

The company warned during the release of second quarter financial results, of an expected drop of revenue of between 2 and 5 percent.

Brian Gladden, Dell chief financial officer, said: “Growth in our PC business was challenging, as we saw a tough macro-economic and competitive environment, and continued to focus on higher-value solutions in this business”.