Feeds

Dell profits rise 144%

Consumer sales the only laggard

Top three mobile application threats

In another sign that the tech industry is maybe, just maybe, climbing slowly and haltingly out of the toilet, Dell announced Thursday that its third-quarter financial results were healthier than Wall Street thought they would be.

"Dell is growing in the right areas, and I’m very excited about our momentum," said chairman and CEO Michael Dell in a canned statement.

Wall Street moneymen seem to agree — the Round Rock, Texas company's stock was up over 6 per cent in after-hours trading.

Dell reported a net income of $822m in its third quarter, up 144 per cent from $337m in the same quarter last year. Revenue totaled $15.4bn, a 19 per cent year-on-year increase from last year's $12.9bn.

Both Thomson Reuters and FactSet Research had predicted revenues in the $15.7bn range, which Dell failed to reach, but in the all-important earning-per-share metric, Dell solidly exceeded the moneymen's projections: 45 cents versus the expected 33 cents.

In three of the company's four main business areas, revenue growth was in double digits: enterprise revenue was $4.3bn, up 27 per cent; public-sector sales pulled in $4.4bn, up 20 per cent; and SMB accounted for $3.7bn, up 24 per cent.

Revenue growth from cash-strapped, worried, unemployed, foreclosed-upon, struggling consumers, however, was meager: at $3bn, it achieved only a 4 per cent increase. ®

Combat fraud and increase customer satisfaction

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
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.
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.
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.