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More on Dell's FQ2: Consumer revenue -22% Y/Y, much worse than FQ1's 12% drop. Public revenue...

  • Tuesday, August 21, 2012, 4:28 PM ET
    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)
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This news story has 2 comments:

  •  
    Horrid, but only off 3% AH? What gives? Should be off 10+%
    21 Aug 2012, 04:30 PM Reply Like
  •  
    People starting to support the idea of Dell switching to high margin services like IBM did.

    Also not much more room to go down.
    22 Aug 2012, 12:50 AM Reply Like
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