Feeds

Dell keeps double-digit growth groove going in Q1

On storage. On notebooks

  • alert
  • submit to reddit

Securing Web Applications Made Simple and Scalable

Strong sales of storage systems and laptops carried Dell to a solid first quarter.

The hardware maker posted revenue of $13.4bn - a 16 per cent year-over-year rise - in the period. Dell also reported a 28 percent rise in net income to $934m up from the $731m reported one year earlier.

"We are pleased with our performance this quarter and the disciplined execution of the team," Dell's CFO Jim Schneider, during a conference call.

Dell saw robust growth from its storage unit, which increased sales by 49 per cent. The company's much larger server business only increased revenue 12 per cent year-over-year.

Mobile product sales driven by laptops also jumped 22 per cent from last year's first quarter.

"Customers worldwide are increasingly relying on us for their diversified information-technology requirements," said Dell CEO Kevin Rollins.

Dell has been on a mission to prove that it's much more than just a PC company that happens to sell other hardware. Improving sales of servers, storage systems, printers and consumer goods is key to Dell's goal of being an $80bn firm by 2008 or 2009.

Dell's bold aspirations and consistent performance must prove frustrating to competitors such as IBM, HP and Sun Microsystems that have had far from stellar performances in recent times.

And Dell still sees openings in its cherished PC business, especially since IBM sold off its PC operations to Lenovo.

"We are seeing significant opportunities in the large accounts space in western Europe and in the Americas," said Chairman Michael Dell. "We think (IBM/Lenovo) is a significant opportunity for us."

Dell expects to post close to 17 per cent revenue growth in its second quarter on revenue between $13.6bn and $13.8bn. ®

Related stories

Hitachi ships 'world fastest' 100GB notebook HDD
Macintoshes are 'hot' amid slow April PC sales
Dell Inspiron XPS Gen 2 gaming notebook
Dell to launch 19in widescreen notebook 'next year'
IBM server team calls HP 'clueless' and says Unisys's 'days are numbered'
Dell seen as long-term risk to Cisco

Build a business case: developing custom apps

More from The Register

next story
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
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.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.