Dell bottom line robust despite fall in PC sales

US computer giant Dell has seen a 28% rise in quarterly net profit to a record $1.02bn (€818m), despite steep falls in prices of personal computers.

US computer giant Dell has seen a 28% rise in quarterly net profit to a record $1.02bn (€818m), despite steep falls in prices of personal computers.

But Dell's second-quarter revenues of $13.43bn (€10.8bn), while up 15% from a year ago, fell short of analysts' target of $13.7bn (€11bn).

Dell chief executive Kevin Rollins said: "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 EPS."

Dell, which employs more than 4,000 people in Ireland, offset the price declines in personal computers by boosting unit sales faster than its rivals.

According to technology research firm Gartner, during the second quarter Dell posted a 23.6% increase in PC shipments, while the total market grew by 14.8%.

More in this section

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up