Dell: Second Quarter Ahead of Expectations

Updated from 6:32 p.m. EDT

Once again, Dell(DELL Quote) proves to be the exception to the rule.

While competitors such as Hewlett-Packard(HPQ Quote) and Apple(AAPLE Quote) have thrown up their hands and warned of flagging revenue and profits amid weak demand for computers, today the Austin, Texas-based boxmaker said it is raising revenue and profit guidance for its fiscal second quarter ending Aug. 2.

In after-market trading, Dell, which closed the regular session up 26 cents, or 1.1% to $23.93, was up 6.2% to $25.41. ...