Dell beats earnings expectations despite sinking profits
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Dell's fourth-quarter earnings beat Wall Street's estimates, even though the company's profits dropped 33%.
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The manufacturer said earnings fell 54 percent from a year-ago period which included its former health-care and electronics units. Adjusted profit topped Wall Street expectations by a wide margin.
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Dell reported on Thursday that second-quarter earnings rose 46 percent, but production delays are preventing the company from growing as quickly as hoped.
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Dell Inc. Tuesday pointed to its adoption of processors from Advanced Micro Devices Inc. (AMD) for pushing it to US$677 million in profit for the third quarter, though the company has delayed reporting final numbers due to an accounting investigation by the U.S. Securities and Exchange Commission (SEC).
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Dell Inc. on Thursday reported  quarterly earnings and revenue that topped analysts&#39;  expectations and announced plans to cut about 10 percent of its  work force over the next year.
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Fueled by surging demand from business customers in the latest quarter, Dell Inc. is geared to post third-quarter earnings in line with Wall Street expectations, though analysts say declining component prices
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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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Dell Inc. DELL.O, the world's  largest personal computer maker,  on Thursday posted a higher  quarterly profit, helped by market share gains and lower  component costs despite slowing demand for corporate PCs.
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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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By MATT SLAGLE  DALLAS - Dell Inc., which is the subject of a federal probe into its finances, said Thursday that fourth-quarter profits plunged 33 percent due to weak sales of laptops and notebooks, which account for the lion's share of its revenues.
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Dell Inc. , the world's second-largest personal computer maker, reported on Tuesday quarterly earnings per share that topped Wall Street's average estimate, sending its stock up nearly 10 percent.
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SAN FRANCISCO - Dell is winning over Wall Street again - but some of its customers remain unhappy with the beleaguered PC giant. Dell on Thursday reported preliminary revenue of $14.8 billion for the quarter ended Aug. 3, up from $14.1 billion a year ago. The No. 2 PC maker also conceded that a shortage of laptop parts continues to prevent it from filling some orders.
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TORONTO (CP) - Stock markets held on to minor gains Friday morning on positive US economic data and a strong earnings report from Dell Inc.
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Stock futures pointed to flat open on  Friday after top personal computer maker Dell Inc. DELL.O  posted earnings that reflected slow sales in the consumer  market and offered an outlook that disappointed Wall Street.
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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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The world's largest chipmaker posted a whopping profit but investors concerns centered around lower-than-expected sales.
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Dell Inc. said that an increase in sales to corporations led to record revenue in the fourth quarter, although profit slipped because of a one-time tax charge.