Dell profit surges, but investigations cast pall
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Improved profits surprise Wall Street, but PC maker warns that figures are preliminary and reveals little detail.
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U.S. stocks rallied further on Friday,  led by computer maker Dell Inc. DELL.O, a day after it  reported a higher quarterly profit and issued an optimistic  forecast.
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Dell Inc. said that its quarterly profit climbed 25 percent, propelled by an increase in technology spending by American businesses and a surge in sales abroad.
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Dell Inc. said its profit surged 25 percent in the third quarter as the world's largest personal computer maker posted record sales due to rising technology spending in the corporate and government sectors in the United States and abroad.
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InfoWorld - Dell's efforts to reinvent itself this year through a dramatic break from its direct-sales model, expanded services, and new enterprise offerings have shown positive early results, but some users have lingering concerns about supply chain management and support -- long-time issues for the company.
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Dell Inc. , the world's second-largest personal computer maker, on Thursday reported quarterly earnings per share that topped Wall Street's average estimate, though revenue was short of expectations.
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Computer industry bellwether Dell reports an 11% drop in quarterly profit because of a one-off tax charge.
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SAN FRANCISCO -- Dell Inc., the world's second-largest personal-computer maker, posted fourth-quarter profit and sales that trailed analysts' reduced estimates after the company lost customers to rivals over the holidays.
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Plus: Dell meets expectations...Storage, servers bruise HP earnings...Healthy sales lift Cisco's profit.
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Electronic Data Systems Corp. reported a higher quarterly profit on Wednesday, boosted by a surge in new orders for its technology services.
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Dell's profits and sales miss analyst's targets and the computer firm warns earnings will remain under pressure.
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DALLAS -- Dell Inc. said Thursday that preliminary second-quarter earnings jumped 46 percent on stronger sales of enterprise products and services, improved average selling prices and favorable component costs.
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Dell's  disappointing  quarterly earnings report is the latest event to highlight the  differences between it and competitor Hewlett-Packard ,  whose results beat Wall Street expectations, analysts said.
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Shares of Dell (Quote, Chart) soared 8.5% Friday to their highest level in more than four years, as investors cheered the company&#39;s strong results and bullish outlook.
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U.S. stocks rose on Wednesday after Dell Inc.  reported better-than-expected earnings, sending technology shares higher a day before the Thanksgiving holiday.
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The company said earnings jumped because of shipments recovered after a labor dispute and a rise in demand for specialty metals used in power plants.
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Dell Inc, the world's second-largest personal computer maker, said on Thursday its quarterly profit rose a higher-than-expected 46 percent as it benefited from lower component costs.