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Dell earnings hitch a ride on business spending
The greatest revenue growth across business segments was in the company's large-enterprise unit. By contrast, consumer revenue was flat.
As expected, Dell's second quarter was carried largely by sales to corporate customers as demand was on the rise worldwide for the company's enterprise offerings, including servers and networking systems, storage and services. (Statement)
For the quarter, the company reported net income of $629 million, or 32 cents per share, on sales of $15.53 billion, a 22 percent increase over the year-ago quarter. Wall Street had been expecting earnings per share of 30 cents on sales of $15.2 billion for the company's fiscal second quarter.
Large Enterprise saw the greatest revenue growth across business segments, up 38 percent to $4.5 billion. Small and Medium Business revenue saw a 25 percent increase, to $3.5 billion. Consumer, by contrast, was flat at $2.9 million.
Read more of Dell earnings: Businesses are spending but consumer remains flat at ZDNet's Between the Lines.
