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Tuesday, February 21, 2012

Dell falls short on Q4 earnings: $16 billion in revenue, only $931 profits

Dell falls short on Q4 earnings: $16 billion in revenue, only $931 profits: DellQ4 of fiscal year 2012 was another rough one for Dell. The company fell short of expectations yet again, netting less than a billion dollars in operating income on revenues of $16 billion. The one bright spot is enterprise services, which had another record quarter, accounting for 30 percent of revenues ($4.9 billion). While there was some growth in high end systems, Dell has clearly seen the writing on the wall and plans to refocus primarily on enterprise products and services in 2013.

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Dell falls short on Q4 earnings: $16 billion in revenue, only $931 profits originally appeared on Engadget on Tue, 21 Feb 2012 17:19:00 EDT. Please see our terms for use of feeds.

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