Strong sales outside the US have allowed Dell to return financial
figures largely in line with market expectations.
Dell reported a net income loss of $101m (£69.8m) for its second
fiscal quarter, a 117% reduction compared to the corresponding
period last year. Revenue also fell, down 1% to $7.6bn. The company
blamed a $742m charge incurred as a result of job reductions for
the figures.
Dell's earnings per share dividend stood at 16 cents, equaling the
consensus estimate of analysts polled by Thomson Financial/First
Call.
The computer maker managed to increased shipments in spite of the
US economic downturn. Sales of enterprise products were
particularly good, helping the company to gain an extra 2% share of
the overall market.
Michael Dell, Dell chairman and CEO, described the company's
quarterly performance as "solid and stable".
