Tuesday, February 19, 2013

Dell beats Wall Street estimates





The Dell XPS 13 ultrabook




(Credit: Dell) Dell's fourth-quarter results were carried by enterprise gear such as servers and networking, but the consumer business tanked.

The company, which recently announced plans to go private in a leveraged buyout, reported earnings of $530 million, or 30 cents a share, on revenue of $14.31 billion, down 11 percent from a year ago. Non-GAAP earnings in the fourth quarter were 40 cents a share.




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