Chris Kraeuter

Dell Hits Its Mark

 

Actual shipment growth was 20%, but Rollins tried to de-emphasize the shipment figure because "so many of our products are not unit-based," he said, citing storage, software and PC peripherals as examples.

For the second quarter, Dell expects earnings of 37 cents to 39 cents a share and sales between $13.6 billion and $13.8 billion. Analysts had expected earnings of 38 cents a share on sales of $13.6 billion. Dell said it would now provide a range for its financial guidance as it tries to be opportunistic about quickly chasing down new revenue.

By product line, sales of desktop PCs advanced 6% to $5.3 billion from the same quarter last year, mobile sales rose 22% to $3.3 billion, servers rose 12% to $1.3 billion, storage rose 49% to $400,000, enhanced services rose 30% to $1.1 billion and software and peripherals rose 29% to $2 billion.

>To order reprints of this article, click here: Reprints

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,419.86 1,313.32 2,837.36 16.25
Oil *
103.00
DOWN
160.83
DOWN
19.10
DOWN
33.63
DOWN
1.06
10 Yr
1.62%
SPDR Gold
151.91
-1.28%
-1.43%
-1.17%
-6.12%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet