Feeds

Dell keeps double-digit growth groove going in Q1

On storage. On notebooks

  • alert
  • submit to reddit

Combat fraud and increase customer satisfaction

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

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
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
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
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.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.