News

Dell Reports Record Quarter

Dell on Thursday posted company records for product shipments, revenues, operating income, net income and earnings per share in the quarter ended Jan. 30. The computermaker credited much of its quarterly strength to growth in enterprise computing products.

Revenues amounted to $11.5 billion, an 18 percent jump; operating income went up 20 percent to $981 million; net income was $749 million, up 24 percent; and net earnings were 29 cents, a 26 percent increase. For the full year, revenues were $41 billion, up 17 percent; and net income was $2.6 billion, up 25 percent.

The company said sales of its PowerEdge servers jumped 40 percent over the comparable period a year ago. Storage revenue jumped 47 percent, and the company reported strong sales worldwide.

"Much of the industry's quarterly growth was at the low ends of the desktop and notebook categories, which offer little if any profitability. Dell met its operating targets by pursuing profitable growth," Kevin Rollins, Dell president and chief operating officer, said in a statement.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • The 2021 Microsoft Product Roadmap

    From Windows 10X to the next generation of Microsoft's application server products, here are the product milestones coming down the pipeline in 2021.

  • After High-Profile Attacks, Biden Calls for Better Software Security

    Recent high-profile security attacks have prompted the Biden administration to issue an executive order aiming to tighten software security practices across the board.

  • With Hybrid Networks on Rise, Microsoft Touts Zero Trust Security

    Hybrid networks, which combine use of cloud services with on-premises software, require a "zero trust" security approach, Microsoft said this week.

  • Feds Advise Orgs on How To Block Ransomware Amid Colonial Pipeline Attack

    A recent ransomware attack on a U.S. fuel pipeline company has put a spotlight on how "critical infrastructure" organizations can prevent similar attacks.