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Articles tagged with: earnings

Dell Bounces Back In Profits

I was watching Dell’s stock closely last year and they weren’t doing too good. The company hung around $12 a share for the majority of Q4 last year. The company is really picking up now. Dell has just issued a statement that it has made a net income of $945M pr 49 cents a share which is quite a leap from $341M or 17 cents a share earlier in the year. The CEO and chairman of Dell, Michael Dell, claimed that the company was off to a solid start for the fiscal year of 2012 and that the substantial profit increase demonstrates that Dell’s strategy is working and the execution is improving.