Home From the Wires Dell's profit plummets as it tries to go private

Dell's profit plummets as it tries to go private

| Print |  Email
Wednesday, February 20, 2013

 

USA Today: Dell's fourth quarter report had net income down 31% which could ease its $24.4 billion buyout plans to return to private ownership.

The troubled PC maker reported fiscal fourth-quarter net income of $530 million on revenue that was down 11%, at $14.3 billion, from a year ago.

Wall Street was expecting Dell to report net income of $676.2 million on revenue of $14.1 billion. On that basis, Dell reported earnings of 30 cents per share, compared with the 39 cents forecast by a survey of estimates from Thomson Reuters.

Read more.

 

More Articles

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

Two Sides of the Coin

Contributed Blogs
Friday, September 26, 2014
0926 iphone6-thumbBY JASON NORRIS | GUEST BLOGGER

This post focuses on the recent release of the new Apple iPhone as well as Alibaba's IPO, the largest U.S. IPO in history.


Read more...

The short list: 5 hot coffee shops for entrepreneurs

Contributed Blogs
Friday, November 14, 2014

CupojoeBY JESSICA RIDGWAY

Oregon entrepreneurs reveal their favorite caffeine hangouts.


Read more...

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

Political Clout

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.


Read more...

I Know How You Feel

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?


Read more...

The Bookseller

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS