The bigger issue for Dell is maintaining its current profit levels. "While we applaud Dell's management team for its margin performance, we cannot get constructive on the shares quite yet due to our belief that current margin levels are unsustainable," said Brian Marshall, an analyst at Gleacher & Company, in a note released on Friday.
Dell's results nonetheless bode well for computer giant HP (HPQ), which reports its own fourth-quarter results after market close on Monday.
HP shares rose in the aftermath of Dell's results on Thursday, and crept up 6 cents, or 0.14%, to $41.75 on Friday.
--Written by James Rogers in New York.>To follow the writer on Twitter, go to http://twitter.com/jamesjrogers. >To submit a news tip, send an email to: firstname.lastname@example.org
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV