Dell analysts had some confident sales predictions for the computer makers third quarter, which they exceeded according to Dell’s third quarter profit results. Dell’s statement shows $913 million of cash flow generation, and commercial enterprise revenue up 33 percent.
According to Aaron Ricadela on Bloomberg, cheaper prices for computer components had helped Dell service consumers that are worried about home budgets during the economic slowdown. Dell’s CEO plans to increase business in networking gear, data storage and servers.
Bloomberg also looks at Dell’s refresh of “aging information-technology systems”, and the possibility of Dell investing in consumer business that finds more distribution channels for its home computers. Read the full article here, or see Dell’s official third quarter financial statements on their website, which compares 2010 with 2011 and looks at the change in percent for that quarter.
You can also see the 2011 fiscal year results (Third Quarter) in this PDF file. Let us know your thoughts on Dell’s latest results in the comments.
*Identifying Monetised Links - outgoing links that we monetise are marked with an '*' symbol.