Feeds

Dell boosts Q2 earnings on tax break

So begins the Kevin Rollins Band

  • alert
  • submit to reddit

Business security measures using SSL

Kevin Rollins began his first day as Dell's CEO with a bang, giving the all clear for the company to raise its second quarter earnings forecast.

Dell is now looking to post per-share earnings of 31 cents. This is 2 cents higher than previous expectations and 29 percent higher the the earnings per share posted in the same quarter last year. Dell made this announcement just ahead of a shareholders meeting in which Kevin Rollins will be announced as the new CEO. Dell's namesake Michael Dell will remain Chairman and still have access to both sides of his brain.

While Dell raised earnings, it did not change a previous revenue forecast of $11.7bn for the second quarter. Although, Dell did say it's enjoying strong sales of servers and storage systems and solid SMB sales.

Dell cited improved operations and a decline in the company's global tax rate for the earnings boost. Dell reports full results for the second quarter on Aug. 12. ®

Related stories

Dell's Rollins turns on ink-dealing HP
Dell beat itself in the first quarter
Dell ups Q1 forecast on overseas boom
Michael Dell to relinquish CEO title, command of brain

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.