- New attack fells Internet Explorer
- Steve Jobs is a man of a few words
- Oddball gifts for uber geeks
- Global warming research exposed after hack
- Google adding IPv6 to YouTube
Dell posted a decline in profit for its fiscal second quarter even as its revenue grew, while economic doldrums held down its results in some parts of the world.
The company's revenue grew 11 percent in the quarter ended Aug. 1, led by a 28 percent gain in the global consumer business and growth in laptop PCs, which brought in 26 percent more revenue than a year earlier. However, revenue in both those categories was down slightly from the second quarter.
Dell reported net income of US$616 million, down 17 percent from $746 million a year earlier. Earnings per share declined to $0.31 from $0.33.
The huge PC and server maker saw continued economic weakness, particularly in the U.S. and Western Europe, said Brian Gladden, senior vice president and chief financial officer, on a conference call with reporters after the results were announced on Thursday.
Dell used aggressive pricing to gain a stronger foothold in Europe, eating into its margins, Gladden said. But the company continues to reduce its costs and expects to complete its workforce cutbacks in the current quarter, he said.
(More to follow.)
Rss FeedRss Feed
The Leader in Network Knowledge
Partner Content
www.bmc.com
Gartner 2009 Magic Quadrant for Job Scheduling
Gartner has positioned BMC CONTROL-M in the Leaders Quadrant of their "2009 Magic Quadrant for Job Scheduling." The report assesses the ability to execute and completeness of vision of key vendors in the marketplace. Read a full copy today, courtesy of BMC Software.
Download whitepaper
Dell's SMART Approach to Workload Automation
Read a compelling case study by EMA, Inc. to learn how Dell uses BMC CONTROL-M to cut cost and increase productivity with workload automation.
Download whitepaper
Workload Automation Cost Savings 2 Minute Video
A major computer manufacturer uses BMC CONTROL-M and just four people to schedule and run over 85,000 jobs every month. By switching to BMC CONTROL-M, they more than quadrupled the workload without adding a single staff member. See how in this 2-minute video overview.
Go to video
Comment