It seems that Dell is feeling the effects of "
conservative spending" and also some added expenses that came about from their turn around efforts. The only positive thing is that their total computer sales were up 19% with about half of them coming from outside of the US. I guess Europe and the BRIC just want Dells more then we do.
Dell reported profit for the fiscal fourth quarter of $679 million, or
31¢ a share, far below the 36¢ analysts had expected. The results compared with
$726 million or 32¢ a share a year earlier. Sales for the quarter were $16
billion, short of the $16.27 billion analysts forecast, but up from $14.5
billion a year earlier. Dell shares dropped about 4% in extended trading. The
stock had risen 10¢, to 20.87, during regular trading.
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