Dell profits top $1bn for second quarter

Dell has posted profits of $1.02bn (£56m) for the second quarter, up 28% on the same period last year.

Dell has posted profits of $1.02bn (£56m) for the second quarter, up 28% on the same period last year.

The computer manufacturer boasted its highest-ever revenues from industry-record shipments of 9.1m computer systems, including 2.7m mobility products.

The results for the three months to 29 July were also boosted by revenues of more than $2bn (£1.1bn) from software and peripheral products, such as printers and displays. The company recorded a notably strong performance outside the US, accounting for 39% of its total revenues – up 24% year on year.

Total revenue for the quarter was $13.4bn (£7.3bn), 15% higher than the same quarter last year.

Dell chief executive Kevin Rollins said, “Our teams performed well in a dynamic market. Our second quarter growth was characterised by share increases in every region. While average selling prices were down more than we would have liked, we focused on balanced profitability and, in the process, delivered to our guidance for earnings per share.”

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