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Dell finally posts preliminary results

Antony Savvas

Dell has finally released some third quarter results, but they are only preliminary, as a result of the ongoing investigation into the firm’s past figures by the US Securities and Exchange Commission.

Dell delayed reporting the results earlier this month following the SEC investigation.

For the third quarter, sales were $14.4bn (£7.78bn) and operating profits $824m (£445m).

Comparisons with the same quarter last year have not been given by the company, as those previous results may have to be re-stated after the SEC investigation is completed.

However, the profit figures were above some financial analysts’ expectations.

Dell did say that product unit sales were ahead in most sectors when compared to last year, although overall desktop sales were 5% down. This was because the company had “chosen to focus on more profitable products”, said Dell.

HP has now overtaken Dell as the world’s largest PC company in terms of shipments.

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