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May 20, 2003

NY Times: Dell's Profits Increase 31% on Gains in Market Share


My spin: FYI

News Clip: Dell Computer said yesterday that its fiscal first-quarter profit rose 31 percent, to $598 million, or 23 cents a share, meeting analysts' estimates and defying a prolonged slump in technology spending.

Revenue for the quarter ended May 2 rose 17 percent, to $9.5 billion, from $8.1 billion a year earlier. In the year-ago period, net income was $457 million, or 17 cents a share. (full story)

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