Dell Achieves 9-Percent Increase in Fiscal Third-Quarter EPS, Driven by Improved Competitiveness, Execution

20.11.08 - 23:31 ... source : DELL - USA

... Round Rock, Texas, November 20, 2008 Q3 FY'09 Financial statements in .pdf Format (Acrobat File) Revenue down slightly as global IT spending slows Rigorous cost management drives 11-percent year-over-year reduction in operating expense dollars Global Consumer business performance improves Dell fiscal third-quarter earnings improved solidly as a result of disciplined cost management and an improved mix of products and services in a challenging demand environment. Earnings per share increased 9 percent to 37 cents, on revenue of $15.2 billion. "Our business model adapts quickly to economic changes, even the kind of significant challenge we saw in the third quarter," said Michael Dell, chairman and CEO. "We increased profitability with an improved mix of products and services – more than a third of our revenue and profit now comes from servers, storage, services and so ...» Next (HTML)