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Dude, You're Getting A Revenue Increase!

David Utter
Expert Author
Published: 2005-05-12

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Dell reports a most excellent boost in net profit, and issued a current quarter forecast that can only be called bodacious.

The world's largest personal-computer maker announced gains of 28% in net income for the first quarter of 2005. Net income was $934 million USD, or 34 cents per share, and was in step with Wall Street forecasts.

The Round Rock, TX-based company estimates its second quarter earnings at 37 to 39 cents per share, on projected revenue of $13.6 to $13.7 billion USD. International sales helped the company make its estimates.

Dell reported double digit sales gains in Europe and Asia, 20% and 19% respectively. North and South American market sales grew at 14%. The company's CEO, Kevin Rollins, cited growth of software, peripheral, and service sales as a factor in reducing the accuracy of analyst forecasts.

"We're not focused as much on units," he said.



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