InvestorsHub Logo
Followers 15
Posts 2422
Boards Moderated 2
Alias Born 07/26/2003

Re: None

Thursday, 08/28/2008 4:43:48 PM

Thursday, August 28, 2008 4:43:48 PM

Post# of 249202
On Dell earnings:

The increase in sales is good for WAVX.

Computer maker Dell Inc. says its fiscal second-quarter profit fell 17%.

Restructuring charges were partly to blame.

For the three-month period that ended Aug. 1, Round Rock, Texas-based Dell's earnings dropped to $616 million, or 31 cents per share, from $746 million, or 32 cents per share in the same period last year.

The results included 2 cents per share in amortization and business realignment costs.

Sales rose 11% to $16.4 billion, ahead of Wall Street's view for $15.9 billion in sales, according to analysts polled by Thomson Reuters.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.