
Dell has reported an 18% drop in fourth-quarter profit and forecast a fall in sales in the current quarter, raising fears the PC industry has not yet fully recovered from the downturn. Net profit for the three months to 3 February 2012 fell to $764m (£484m) from $927m a year earlier. Revenue rose 2% on a year ago to $16bn. But the company estimated that sales would be 7% lower in the current quarter, sending its shares down more than 4% in after-hours trading. In recent years Dell has focused more on corporate needs and less on the home consumer. This was reflected in the fourth quarter when stronger sales to businesses were offset by a decline in consumer sales. Dell had also warned in November that its revenues could be hit by a worldwide shortage of hard drives caused by the flooding in Thailand.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor