Feeds

Dell profits rise 144%

Consumer sales the only laggard

Security for virtualized datacentres

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. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.