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B of A Conference: Dell Continues to See Solid PC Sales Growth

The boxmaker shrugs off concerns that PC sales are slowing.

SAN FRANCISCO -- Don't tell Dell (DELL) - Get Report there's concern about whether PC sales are slumping.

Dell Vice Chairman James Vanderslice told investors Tuesday at the

Banc of America Securities Investment Conference

here that the boxmaker continues to expect strong growth. Vanderslice said Dell sees 18% growth in PC sales in its fiscal third quarter, which ends in October. He also described PC demand as strong in the short and long term.

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Dell has been shielded from the softness thanks to its lack of exposure to bargain-basement priced PCs, which have seen weakness.