Hardware giant Dell has reported record revenues of
$15.2bn (£8.7bn) in its fourth quarter results, driven by growing
sales of enterprise products.
The results mark a turnaround for Dell after a poorer than
expected third quarter performance. The fourth quarter figures show
a 13% year-on-year increase in revenues and a 65% rise in profits
to $1bn. Revenue for the full financial year was $56bn, up 14% on
the previous year, with profits up 24%.
Revenues have been boosted by a worldwide 21% increase in sales
of enterprise storage and server products, services, software and
peripherals, with revenue from storage sales increasing 41% year on
year.
The figures also show strong performance outside the US, where
there has been a 21% growth in business over the past year.
Dell chief executive Kevin Rollins said: “We drove a better
balance across all price points of our products and greater
operational efficiencies this quarter, and performed at the high
level of execution we expect for ourselves.”