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Dell Trails Tech Peers in Nascent Recovery
2009-11-20
Quarterly profit dropped 54% despite recent signs of recovery in the technology sector, raising questions about the personal-computer maker’s strategy of focusing on profitability at the expense of market share. The results, which also showed a 15% decline in revenue from the year-earlier quarter, contrasted sharply with strong performances in recent months from Dell rivals. Overall, Dell’s sales to large companies were down 23% from last year and up 4% from last quarter. Dell reported earnings of $577 million on revenue of $12.9 billion. Read the full article

