Dell’s Net Income Tumbles 63 percent
Dell saw first-quarter net income fall 63 percent from a year ago at the same time as the PC giant reported decreases across many sectors. Dell reported a net income of $290 million, compared to $784 million from a year ago. Dell’s revenue slipped 23 percent to $12.3 billion.
The biggest decrease came in large enterprise revenue, where Dell totaled $3.4 billion for the quarter, a 31-percent fall from a year ago. Public revenue generated was $3.2 billion, a decrease of 11 percent. Sales to small and medium business was $3 billion, a fall of 30 percent from a year ago.
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