News

Dell Reports Record Quarter

Dell on Thursday posted company records for product shipments, revenues, operating income, net income and earnings per share in the quarter ended Jan. 30. The computermaker credited much of its quarterly strength to growth in enterprise computing products.

Revenues amounted to $11.5 billion, an 18 percent jump; operating income went up 20 percent to $981 million; net income was $749 million, up 24 percent; and net earnings were 29 cents, a 26 percent increase. For the full year, revenues were $41 billion, up 17 percent; and net income was $2.6 billion, up 25 percent.

The company said sales of its PowerEdge servers jumped 40 percent over the comparable period a year ago. Storage revenue jumped 47 percent, and the company reported strong sales worldwide.

"Much of the industry's quarterly growth was at the low ends of the desktop and notebook categories, which offer little if any profitability. Dell met its operating targets by pursuing profitable growth," Kevin Rollins, Dell president and chief operating officer, said in a statement.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Microsoft Publishes Windows Deadlines on Upgrading to SHA-2

    Microsoft on Friday described its 2019 timeline for when it will start distrusting Shell Hashing Algorithm-1 (SHA-1) in supported Windows systems, as well as in the Windows Server Update Services 3.0 Service Pack 2 management product.

  • Performing a Storage Refresh on Windows Server 2016, Part 1

    To spruce up some aging lab hardware, Brien decided to make the jump to all-flash storage. Here's a walk-through of the first half of the process.

  • Datacenters Are Cooling Down as Buildouts Heat Up

    Tech giants Google, Apple and others are expanding their datacenter footprints at a rapid rate, and it's pushing the industry to find better ways to power all that infrastructure.

  • Vendors Issue Patches for Linux Container Runtime Flaw Enabling Host Attacks

    This week, the National Institute of Standards and Technology (NIST) described a high-risk security vulnerability (CVE-2019-5736) for organizations using containers that could lead to compromised host systems.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.