Dell on Wednesday cut prices across a range of products, a day after rival Hewlett-Packard blamed its disappointing financial results on reducing prices too aggressively.

Round Rock, Texas-based Dell slashed prices by up to 22 percent on servers aimed at large businesses and up to 6 percent on desktop computers for small to medium-size businesses. The company lowered prices on notebook PCs by up to 3 percent and trimmed up to 13 percent off printers and projectors.

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