Feeds

Dell booms in record Q3

Disciplined and rolling in cash

  • alert
  • submit to reddit

High performance access to file storage

Dell's third quarter earnings results proved duller than its products. The company produced record revenues yet again.

Dell bagged $12.5bn worth of gross revenue in the period - an 18 percent rise over the same quarter a year ago. Dell's net income came in at $846m in the third quarter, beating out the $677m reported last year. Earnings per share were up as well to $0.33 from $0.26. Add to this $1.8bn in cash generated during the three months, and Dell is sitting pretty as usual.

"Dell's disciplined focus on profitable growth around the world and across businesses continues to differentiate us in the market," said CEO Kevin Rollins. "We've been doing that for years."

The Round Rock Express did well across the globe during the third quarter. Sales in the US were up 20 percent, sales in EMEA were up 27 percent and sales in Asia-Pacific were up 25 percent. The company enjoyed particular success with its notebooks shipments, which rose 35 percent year-over-year. Funny enough, Dell had an extensive deal on during the later part of the quarter that offered four different laptops for just $750. Shipments for all products surged 22 percent.

Executives added that component costs - particularly low disk drive prices - helped it out in the third quarter. Dell is seeing less consumer and government spending this year but more dollars coming its way from large businesses.

In the fourth quarter, Dell will release a new line of blade servers. Chairman Michael Dell said, during a conference call, that the systems will be about a third thinner than typical 1U servers and ship at a lower cost Dell expects fourth quarter shipments to rise close to 20 percent year-over-year and for revenue to come in at $13.5bn.

Related stories

Stressed-out Spaniards attack computers with hammers
Dell gets meagre $240m package for North Carolina plant
Major server vendors in giant, supercomputing cluster cluck
Dell sued for alleged global sales patent abuse

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.