- Jun 12, 2001
- 8,757
- 43
- 91
Dell's Profit Climbs 25%
<snippet>
Dell Inc.'s profit climbed 25% amid a solid surge in revenue, boosted by strength abroad and a pickup in spending by U.S. business customers.
The Round Rock, Texas, computer maker reported net income of $846 million, or 33 a share, for its fiscal third quarter ended Oct. 29. That compares to net income of $677 million, or 26 cents a share, in the same quarter last year.
Revenue rose 18% to $12.5 billion from $10.62 billion in the year-earlier period.
In August, Dell predicted third-quarter earnings of 33 cents a share with revenue of about $12.5 billion. Analysts surveyed by Thomson First Call were expecting Dell to earn 33 cents a share on revenue of $12.54 billion.
The company cited a 27% sales jump in Europe, the Middle East and Africa and 25% growth in Asia-Pacific and Japan. It said a 20% increase in spending by business customers boosted its performance in the U.S.
Dell said it sold a combined eight million standards-based servers, notebook computers and desktop computers world-wide in the quarter. Notebook computer volumes rose 35%.
You mean the $750 laptop, the $145 PE400SC and the $399 desktop with the 17" flat panel monitor? I should say your volumes rose!
<snippet>
Dell Inc.'s profit climbed 25% amid a solid surge in revenue, boosted by strength abroad and a pickup in spending by U.S. business customers.
The Round Rock, Texas, computer maker reported net income of $846 million, or 33 a share, for its fiscal third quarter ended Oct. 29. That compares to net income of $677 million, or 26 cents a share, in the same quarter last year.
Revenue rose 18% to $12.5 billion from $10.62 billion in the year-earlier period.
In August, Dell predicted third-quarter earnings of 33 cents a share with revenue of about $12.5 billion. Analysts surveyed by Thomson First Call were expecting Dell to earn 33 cents a share on revenue of $12.54 billion.
The company cited a 27% sales jump in Europe, the Middle East and Africa and 25% growth in Asia-Pacific and Japan. It said a 20% increase in spending by business customers boosted its performance in the U.S.
Dell said it sold a combined eight million standards-based servers, notebook computers and desktop computers world-wide in the quarter. Notebook computer volumes rose 35%.
You mean the $750 laptop, the $145 PE400SC and the $399 desktop with the 17" flat panel monitor? I should say your volumes rose!
Facebook
Twitter