Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 20 August 2010 09:26

Dell makes lots of cash

Written by Nick Farell
dell

You were probably not expecting this
Maker of tin boxes, Dell is reporting that it made shedloads of cash in the second quarter thanks to its enterprise hardware and services businesses. Net income for the quarter ended July 30 was US$545 million, a 16 percent rise from the $472 million reported during the second quarter of last year.

The outfit's  company's revenue beat all of Wall Street's predictions. Revenue in developing countries such as Brazil, Russia, India and China accounted for 12 percent of Dell's overall revenue, and was up by 52 percent.

But it was demand for enterprise offerings, including servers and network, storage and services products, which increased most as companies refreshed IT infrastructures, the company said in a statement. There was also growth in the company's laptop and desktop revenue.

Server and networking revenue grew by 35 percent to $1.89 billion, driven by strong growth in blade shipments. Storage revenue grew 13 percent to $624 million, and services revenue increased 57 percent to $1.9 billion. Consumers on the other hand were less interested. Sales were flat at $2.9 billion, the company said.

The company recently took a few steps to boost its enterprise offerings. This week, the company agreed to acquire virtualized storage provider 3PAR for about $1.15 billion. In July it acquired Scalent, a provider of server-virtualization management software, and Ocarina Networks, a storage vendor.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments