Here's your summary from Dells Shares Drop Sharply After Disappointing Earnings (https://www.youtube.com/watch?v=T0opU99YQ0E) on the Bloomberg Television channel:

**TLDR:** Dell's shares dropped significantly after disappointing earnings due to lower backlog numbers and decreased server profitability.

1. Dell's backlog numbers came in lower than expected at 3.8 billion, leading to a significant drop in stock value.

2. Server profitability was also a concern, with earnings being more neutral compared to previous levels.

3. Dell's focus on gaining market share through pricing may impact margins in the short term, despite a strong pipeline of deals in the AI server market.

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