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Dell Income Drops 48% As It Seeks To Cut Costs
Essay specific features
Written by:
Joel S
Date added:
June 25, 2015
Level:
University
Grade:
B
No of pages / words:
3 / 618
Was viewed:
1825 times
Rating of current essay:
Essay content:
The decline in sales has proved so severe that Dell’s earnings have fallen to the lowest level since 2002.
On Thursday, Dell reported that net income for the fourth quarter, ended Jan. 30, fell 48 percent, to $351 million from $679 million reported in the fourth quarter of the prior year. Revenue tumbled 16 percent, to $13...
displayed 300 characters
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30, fell 48 percent, to $351 million from $679 million reported in the fourth quarter of the prior year. Revenue tumbled 16 percent, to $13.4 billion from $16 billion.
Excluding one-time expenses, Dell earned 29 cents a share, 3 cents better than the consensus forecast of Wall Street analysts, according to Thomson Reuters...
displayed 300 characters
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