Gloomy Q3 outlook clouds Dell’s Q2

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Gloomy Q3 outlook clouds Dell's Q2

Dell stunned investors Thursday with an uncharacteristic dose of pessimism as it released second quarter results.

As usual, Dell’s revenue and profits rose during the second quarter. Dell posted revenue of $13.4bn – a 15 per cent increase over the $11.7bn reported last year. Earnings hit $1.02bn – up 32 per cent from $799m one year ago. Overall shipments were higher. Sales of storage systems, laptops, servers, software and printers jumped as well.

Read the complete story. (The Register)