Beleaguered Dell’s earnings plummet 23% as sales fall across all of its business areas

“Dell Inc. on Thursday reported a fiscal second-quarter profit that fell 23% from a year ago as sales fell across all of its business areas, and the computer giant also gave mixed signals about its outlook for the rest of the year,” Rex Crum reports for MarketWatch.

“Dell said it earned $472 million, or 24 cents a share, on revenue of $12.76 billion. During the same period a year ago, the computer-industry giant earned $616 million, or 31 cents a share, on $16.4 billion in sales,” Crum reports.

MacDailyNews Note: Beleaguered Dell sure works hard for its meager profits. Revenue of $12.76 billion to eke out only $472 million. Nice margins. A race to the botom will do that to you. FYI: last quarter, Apple earned $1.23 billion on revenue of $8.34 billion. In other words, 2/3rds the revenue to generate 3 times the profit.

Crum continues, “Dell’s release slipped out with out three minutes before the market closed, giving the company’s shares a boost of 98 cents, or 6.7%, to close at $15.65 a share. However, in after-hours trading, the stock was off about 1%.”

Full article here.

MacDailyNews Take: And a one, and a two, and a three: SIDAGTMBTTS!

44 Comments

  1. @Zune Tounged.. You forgot to add the Dell DJ Ninny or Nincompoop on your list. Probably the premier iPod Killer at the time. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

  2. Ouch…

    Besides, am I the only one that thinks that Mikey’s eyes are set too close together? It must be the result of some in-breeding further up the line…

    *Raises a glass*… nice work Mikey. Hope you stay in charge for as long as it takes. Cheers.

  3. @ iLuvMyMacs

    Which royally pissed off Jobs. So much that he had a video will Ali bouncing and boxing implying Apple is going to get you sucka. Then he even had a large target up with DELL at Apple sites… Pay back is a biatch eh Mr. DELL? lol

  4. Oh, and Zuney …

    ” … the simple truth is everybody has a bit of a slump once in a while”

    Yes, one day soon we’ll bid farewell to that Hindu-Arabic System

    And once again return to the Glory Days of Roman Numerals

    Is just a matter of time … ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

    BC

  5. @HolyMackerel
    Of course, they would have to buy Acer, Asus, Lenovo,etc. HP and Dell are by far the most prominant PC resellers ;] in the US, but they are running scared of the lower priced Asian brands. Its hard to compete when all you are doing is adding a POS plastic shell to a motherboard, whith no real added value.

  6. Jake … yes, some have know that for years, since the first day he showed up around here – soaking wet from being out in the Microsoft Rain all day, hungry like a lil lost kitty, he was, well … beleaguered.

    Then as time went by he found his voice, gained his confidence, and even got his name Registered with the Trademark Office.

    One theory is he’s wannabe Author working toward a degree in Creative Writing and uses this as an opportunity to fine tune his Antagonist -v- Protagonist development.

    Whatever his aspirations – all of us here at MDN are very proud of our little Zuney, wish him continued success in his endeavors, and hope one day he’ll wise up to his little-asshole-smart-guy posing out on the Playground so maybe the Big Boys will stop beating the shit out of him during Recess.

    (but shhh, don’t let on we know, would spoil the fun and don’t wanna pop his self-esteem bubble)

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