A Disheartening Fourth Quarter for Dell

Monday Feb 22nd 2010 by Datamation.com Staff
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While its PC sales were up, Dell's income and profits were down during the last quarter of 2009.

NewsFactor.com: Dell's latest quarterly report offers some good news for the tech industry as a whole, but bad news for Dell. First, the good news: Dell's PC sales were up 29 percent last quarter. In addition, the company's revenue from businesses was up 9 percent, as corporations bought new laptops and servers. Both of those figures seem to suggest that the economic slump may be nearing an end.

However, Dell's net income fell, even as sales rose, and it did not meet analyst's expectations for profit margins.

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