Posts Tagged ‘quarter’

Dell’s profit, stock drop on weak quarterly report (AP)

SAN FRANCISCO - Some of the computer-industry's biggest players — such as IBM Corp., Intel Corp. and Hewlett-Packard Co. — have wowed Wall Street this fall with stronger-than-expected profits. ... Full story

Dell profit plummets 54 pct; report pulls shares down

SAN FRANCISCO - Dell Inc. said Thursday that its net income dropped 54 percent in the latest quarter and amid signs the company isn't fully benefiting from the computer industry's fledgling recovery.Dell's numbers missed Wall Street's forecasts, and the shares fell almost 6 percent in extended trading. In the last quarter Dell lost its ranking as the world's No. 2 personal computer maker, a slot now ... Full story
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