DELL Sees Profits Surge 46pct in Q2 On Servers and Laptops
Filed under: Business, News | By: Roy
Posted on: August 31, 2007 | No Comments
The computer company Dell has announced earnings of $733 million for Q2 2007 compared with $502 million last year.
For Dell shareholders this represents a rise of 50% or of 11 cents in EPS (earnings per share) as Dell’s earnings per share is now 32 cents, whereas it was 22 cents.
Revenue for Dell is also up as it rose 7% to $14.8 billion from last-year’s $14.1 billion.
These results are better than many Wall Street analysts had predicted and Dell said in a statement
“While we’ve made progress against our goals, we are still in the early stages of transforming our company’s structure, cost and operations.”
The increase in profits for Dell are mainly down to increased profits in servers and laptops.
What do you think of the Q2 results from Dell?
Should investors be buying Dell shares now?
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