Tuesday, August 21, 2012

Dell reports Q2 earnings: rakes in $14.5 billion of revenue, nets $732 million in profit

Dell reports Q2 earnings: rakes in $14.5 billion of revenue, nets $732 million in profit

After a couple of down quarters in a row, Dell needed to come out strong in Q2 of fiscal year 2013. Well, it's probably not as glowing a quarter as the company was hoping for, but a slight rebound in profits from last quarter should give it something to smile about. Revenue was up roughly $100 million sequentially, which translated into an equal amount of additional profit. After netting just $635 million in income during Q1, Dell banked $732 million in Q2 of 2013. Year-over-year, however, things are a little less rosy. Revenue was down eight percent and net income a worrisome 18 percent.

Engadget , Dell reports Q2 earnings: rakes in $14.5 billion of revenue, nets $732 million in profit, Dell reports Q2 earnings: rakes in $14.5 billion of revenue, nets $732 million in profit

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