 |
Breaking
eBusiness and Search News |
|
 |
Dude, You're Getting A Revenue Increase!
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.
Receive
Our Daily Email of Breaking eBusiness News
About the Author:
David Utter is a staff writer for WebProNews covering technology and business. Email him here.
 WebProNews RSS Feed
More Articles
Contact WebProNews |
|
|
 eBUSINESS
RESOURCES |
|
|
 |
|
| About
WebProNews |
WebProNews is the number
one source for eBusiness News. Over 5 million eBusiness professionals read
WebProNews and other iEntry business and tech publications.
WebProNews provides real-time coverage of internet
business.
Free Email Newsletters:
|
|
|
|
David Utter
