real-time news and commentary for investors
Tuesday, Aug 21
2012, 4:28 PM
More on Dell's FQ2: Consumer revenue -22% Y/Y, much worse than FQ1's 12% drop. Public revenue...
More on Dell's FQ2: Consumer revenue -22% Y/Y, much worse than FQ1's 12% drop. Public revenue -6%, large enterprises -3%, SMBs -1%. Enterprise solutions/services (boosted by acquisitions) was up 6%, with servers/networking up 14%. But notebooks -19% (losing share), desktops -9%, software/peripherals -9% (ditto). Revenue drops in all geographies. Gross margin of 21.6%, up 30 bps Q/Q and down 90 bps Y/Y. $400M of shares repurchased (boosted EPS). DELL -3.9% AH. CC at 5PM ET (webcast). (PR)