Dell profit drops 33 percent in Q1, both home and corporate sales take a hit

Stefan Mileschin · 23rd May 2012, 10:06

Dell hasn't been having the greatest of years, and the blows are still as heavy as ever in Round Rock's fiscal Q1. Its net profit dipped a steep 33 percent to $635 million, while its overall revenue was down four points to $14.4 billion. Unlike in Q4, the PC builder couldn't point to strong enterprise sales as its savior, either: while its enterprise services' revenues were up two percent, its Large Enterprise group dropped by three points. Outside of small business sales and China, Dell's segments took hits as a whole, with the consumer group down a flinch-worthy 12 percent. The Texas firm is keen to stress that it's morphing into an "end-to-end IT provider" that downplays home sales, but without too many signs of strength in pleasing the suits and ties, we wouldn't count on investors being happy after they read the full details below.

http://www.engadget.com/2012/05/22/d...percent-in-q1/

23rd May 2012, 10:06	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	Dell profit drops 33 percent in Q1, both home and corporate sales take a hit Dell hasn't been having the greatest of years, and the blows are still as heavy as ever in Round Rock's fiscal Q1. Its net profit dipped a steep 33 percent to $635 million, while its overall revenue was down four points to $14.4 billion. Unlike in Q4, the PC builder couldn't point to strong enterprise sales as its savior, either: while its enterprise services' revenues were up two percent, its Large Enterprise group dropped by three points. Outside of small business sales and China, Dell's segments took hits as a whole, with the consumer group down a flinch-worthy 12 percent. The Texas firm is keen to stress that it's morphing into an "end-to-end IT provider" that downplays home sales, but without too many signs of strength in pleasing the suits and ties, we wouldn't count on investors being happy after they read the full details below. http://www.engadget.com/2012/05/22/d...percent-in-q1/

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Nintendo DSi drops to $100, DSi XL drops to $130 on May 20th	Stefan Mileschin	WebNews	0	11th May 2012 09:46
Chipmaker TSMC Reports 7 Percent Drop in Profit	Stefan Mileschin	WebNews	0	27th April 2012 09:30
Intel's Ivy Bridge will offer '20 percent more performance with 20 percent less avera	Stefan Mileschin	WebNews	0	24th April 2012 07:23
Game Sales Continue Slide, Fall 25 Percent in March	Stefan Mileschin	WebNews	0	16th April 2012 08:25
ICS reaches 2.9 percent of active Android devices, 63.7 percent still on Gingerbread	Stefan Mileschin	WebNews	0	3rd April 2012 08:34
Dell Drops Pricing For Their Premium Ultra-Thin Adamo 13 Laptop	Shogun	WebNews	0	27th December 2010 10:08
Intel 2Q profit jumps 44 percent	Sidney	WebNews	4	18th July 2007 20:06
Microsoft's Vista sales boost 3Q profit	Sidney	WebNews	1	27th April 2007 06:50
Intel Q4 Profit Drops 39%, Beats Analysts Expectations	jmke	WebNews	0	17th January 2007 14:28
Half Of Corporate PCs Can't Run Vista, Researcher Says	jmke	WebNews	0	11th April 2006 11:04