Dell profit rises 24%

Dell Inc., the world’s largest PC maker, said fiscal second quarter profits rose 24 percent, boosted by buoyant demand from small businesses and individuals, the Wall Street Journal said.

    Agressive marketing strategies have boosted profits at Dell

    Net income climbed to $621 million, or 24 cents per share in the three months ended 1 August, compared with a profit of $501 million, or 19 cents a share, a year earlier. Sales advanced 16 percent to $9.78 billion, the WSJ reported.

     

    “Prices have come down so we’re seeing smaller businesses and consumers react more quickly to it,” Chairman and Chief Executive Michael Dell told the WSJ. “That’s where we’re seeing the upside.”

     

    Dell has focused on cutting prices by implementing a direct-to-consumer sales strategy, making its PC’s more competitive.

     

    Dell said it expects demand from the government and individuals to grow in step with a US recovery.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Sentenced to death for blasphemy: Surviving Pakistan's death row

    Sentenced to death for blasphemy: Surviving Pakistan's death row

    The story of a man who spent 19 years awaiting execution reveals the power of a false blasphemy claim to destroy a life.

    A story of exile and return: From Italy to Syria and back again

    A story of exile and return: From Italy to Syria and back again

    His grandfather fled fascist Italy during WWII and found refuge in Syria. Now Alberto and his family have returned.

    The Syrian women and girls sold into sexual slavery in Lebanon

    The Syrian women and girls sold into sexual slavery in Lebanon

    Syria's refugee crisis has shone a light on sex trafficking in Lebanon, where victims are often treated as criminals.