Hey Sankar..Message for CEO
I thought you said IT spending is down.
Thats why no-one wants your scribbler!
Why don't you sell your Batteries to someone that can move PC's....LOL
Breaking News from The Globe and Mail
Dell profit climbs
Thursday, May 12, 2005
Dell Inc., the world's largest direct-sale computer vendor, said Thursday that first-quarter earnings rose 28 per cent from a year ago on strong international sales, and forecast higher revenue growth in the second quarter.
Net income grew to $934-million (U.S.), or 37 cents per share, in the three months ended April 29 from $731-million, or 28 cents per share, a year ago. Revenue rose 16 per cent to $13.39-billion from $11.54-billion last year, driven by international growth and sales of strategic products and services.
Analysts surveyed by Thomson Financial were looking for the company to post earnings of 37 cents per share on sales of $13.42-billion in the latest quarter.
Dell said sales outside the U.S. increased 21 per cent from a year ago and grew to 42 per cent of the company's total revenue. Worldwide revenue from storage systems increased 49 per cent and sales of mobility products grew 22 per cent from a year ago.
The company forecast second-quarter earnings per share of 37 cents to 39 cents, and predicted that revenue will rise 16 per cent to 18 per cent to between $13.6-billion and $13.8-billion.
Analysts are expecting second-quarter profit of 38 cents per share on sales of $13.64-billion.
Dell shares rose 9 cents to close at $36.63 on the Nasdaq. It reported earnings after the market closed.
© The Globe and Mail