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Dell president sees bright spots, despite PC decline

Dell's president and chief commercial officer said growth had been "terrific" in its services business despite the challenges facing the PC industry.

"We're going to continue on our transformation regardless of what's going on in the PC business, we're going to continue to invest in the enterprise, our server performance has been terrific, our networking growth, our services growth [too]," Steve Felice told CNBC Europe's "Squawk Box" on Tuesday.

He conceded that the wider PC business was in a "cyclical decline" and was experiencing sluggish growth.

Last week, the computer company posted earnings of 25 cents a share, excluding one-time items, on revenue of $14.51 billion, topping expectations for 24 cents a share on sales of $14.18 billion.

However, the latest test for the company will come on September 12, when shareholders vote on the controversial buyout proposal for the company led by its founder and chief executive Michael Dell.

For months, Dell has been engaged in a legal battle with activist investor Carl Icahn who challenged Dell's $25 billion takeover bid for the company.

Felice said the company was looking forward to moving on to "the the next chapter" in its history after the vote.

—By CNBC. Follow us on Twitter @CNBCWorld

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