Dell Q3 profit falls as PC spending slows

Posted on November 20, 2008 - 16:41 by AP via Yahoo

PC maker Dell said Thursday its third-quarter profit fell 5% as businesses around the world bought fewer computers and other technology products. Dell's earnings dipped to $727 million in the quarter that ended Oct. 31, down from $766 million a year ago. But Dell bought back a significant number of shares over the last year, pushing earnings per share up 9%, to 37 cents per share.

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