Feeds

Dell hits revised estimates

Europe is thorn in side

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Dell Computer hit its lowered Q3 targets with a 22 per cent rise in revenues. The company warned that the weak euro continued to hamper sales growth.

Laptops and sales of high-end corporate systems were the engines of growth during the quarter with the lines seeing 50 per cent and 40 per cent revenue growth respectively.

These helped the company reach a record profits, up 40 per cent to $674 million. More than half Dell's revenue and two thirds of operating profit came from sales of enterprise products, notebooks and services, the company said today.

"We're seeing history repeat itself: as they did with desktop PCs, customers of higher-end computing products and services are increasingly choosing to purchase them directly, from Dell," said Michael Dell, Dell chairman and CEO.

Desktops meanwhile are 'still a fairly healthy business' but are becoming a smaller part of the revenue mix, CEO Michael Dell said, in an interview with the FT.

The company expects to hit its revised revenue growth target of 27 per cent for the full year, and it now expects revenues for next year to grow at 20 per cent, still healthy, but rather more sluggish than Wall Street is used to.

Q3 revenues were $8.26 billion, against $6.78 billion a year earlier. Revenues were up 24 per cent in North America and around 40 per cent in the Asia Pacific. But EMEA grew only seven per cent in the quarter.

Last month the Texas-based vendor warned third-quarter revenue would be worse than forecast because of poor sales in Europe and the small business market. ®

Related Stories

Dell and Dixons give dire e-service
Decent Dell honours PC offer after online price cock-up
Server shipments up in Q3
Dell blames stingy Europeans for droopy Q3 sales figures

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
prev story

Whitepapers

A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.