Dell quarterly profits head south. - Democratic Underground

alfredo

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Fri Aug-28-09 12:25 AM
Original message

Dell quarterly profits head south.

Michael Dell was a big bush supporter.

http://www.macnn.com/articles/09/08/27/dell.q2.profit.decreases/

Dell quarterly profit dives 23 percent from last year

Dell's quarterly profit decreased 23 percent, according to the Wall Street Journal. The decline is likely due to the depressed corporate spending and the lower price of PCs caused by the current economic downturn. This is the forth consecutive quarter in which the computer maker posted a drop in profit when compared to the previous year's amounts.
The company posted an earnings of $472 million for its second quarter -- down from $616 million last year. Revenue was also significantly lower at $12.76 billion, a decrease of 22 percent.

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HCE SuiGeneris

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Fri Aug-28-09 12:38 AM
Response to Original message

1. + $472 M for the quarter

How will they ever get by?

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aquart

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Fri Aug-28-09 01:53 AM
Response to Reply #1

3. Think what they're saving in salaries by assembling overseas.

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alfredo

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Fri Aug-28-09 06:54 AM
Response to Reply #1

5. You also have to figure in debt.

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orleans

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Fri Aug-28-09 12:39 AM
Response to Original message

2. well, at least that. n/t

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Greyhound

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Fri Aug-28-09 01:53 AM
Response to Original message

4. Crap computers and crap service.

Perhaps enough people are waking up from their long slumber, but I doubt it.

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Lorien

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Fri Aug-28-09 06:57 AM
Response to Reply #4

6. Solidly republican, too. nt

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Greyhound

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Fri Aug-28-09 11:06 AM
Response to Reply #6

8. Who else would think that you can abandon everything that made your

company successful and nobody would care?

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madokie

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Fri Aug-28-09 06:58 AM
Response to Original message

7. I've got a dell computer

it was easy to configure on the net and arrived in two days and besides from a couple issues it's been fine now for 4 or 5 years. Would I buy another dell, probably not as there is better buys elsewhere

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alfredo

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Fri Aug-28-09 12:00 PM
Response to Reply #7

9. Dell has been having financial troubles for a long time due to the economy.

The market is changing away from the desktop to the mobile. I do appreciate their forays into the world of Linux.

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