*NEWS*DELL: Q2 SALES EARNINGS TO FALL

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*NEWS*DELL: Q2 SALES EARNINGS TO FALL

 user 2006-08-01 at 11:54:00 am Views: 87
  • #16211

    Dell expects Q2 sales, earnings to fall
    MANHASSET,
    N.Y. — Dell Computer expects second quarter fiscal 2007 revenue to be
    $14 billion with earnings per share of 21 to 23 cents. The computer
    said its estimates primarily reflect aggressive pricing in a global
    commercial market.Dell (Round Rock, Texas) earned $762 million, or 33
    cents per share on sales of $14.2 billion in its first fiscal 2007
    quarter.Although recent IDC data shows Dell increasing its market share
    slightly to 19.2 percent, the company has been affected by a slowdown
    in the PC industry. That slowdown has prompted price cuts and
    contributed to poor second-quarter earning results for microprocessor
    suppliers AMD Inc. and Intel Corp.