With economic downturn, Dell, HP cut U.S. server prices

Nice opportunity to get in on some immediate deals.

In a response to the U.S. recession, IT hardware vendors like Hewlett-Packard Co. and Dell Inc. have responded by reducing hardware prices. Conversely, Europe and other markets have begun to see server prices increase because of currency exchange fluctuations.

Take, for instance, Dell; the company recently reduced its U.S. hardware prices almost across the board, according to Mason Reay, the vice president of Dell marketing operations. And during the last quarter, by cutting prices, Dell has exceeded earnings expectations .

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