Dell revenue surges in Europe and Asia

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Dell revenue surges in Europe and Asia

Strong growth outside the US in the second quarter lifted Dell to a record quarter in both revenue and earnings per share.

Dell posted revenue of $11.7bn (£6.4bn) up 20% from the second quarter last year. Net income was $79m, a 29% increase.

Earnings per share were $0.31, in line with the estimates of analysts polled by Thomson First Call.

The revenue figures were also in line with analyst estimates, as well as the updated guidance provided by Dell in July.

Shipments to Europe, the Middle East, and Africa rose 30%. Asia-Pacific and Japan posted a 28% increase in shipments during the quarter.

Worldwide product shipments increased 19% compared to last year, Dell said.

Dell expects product shipments to increase 21% in the third quarter, resulting in revenue of $12.5bn. That would be an 18% increase over the third quarter of 2003.

Tom Krazit writes for IDG News Service


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