Dell Q4 Profits Up 177%

Wednesday Feb 16th 2011 by Datamation.com Staff
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The company's net income for the quarter ended January 28 was $927 million, or 48 cents a share.

InformationWeek: Dell is reporting that its fourth quarter net income totaled $927 million, or 48 cents a share. That's a 177 percent increase from the previous year, and it beat Wall Street expectations of 37 cents a share. Revenue for the period was up 5 percent.

Dell attributed its strong performance to record profitability in enterprise products and services, lower component costs, and strong commercial sales.

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