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Dell
Computer Corporation
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Nasdaq:DELL
Dell Computer Corporation
is a computer systems company and a provider of computing products and
services. The Company's primary product offerings include enterprise systems,
notebook computers and desktop computer systems. The Dell line of high-performance
computer systems includes PowerEdge servers, PowerApp server appliances,
PowerVault storage products, PowerConnect networking products, Dell Precision
workstations, Latitude and Inspiron notebook computers and OptiPlex, Dimension
and SmartStep desktop computers.
http://www.dell.com
DELL
Share Gains in All Product Categories and Regions Fuel Dell Revenue Increase
in Second Quarter
Round
Rock, Texas, August 28, 2008
Q2
FY'09 Financial statements in .pdf Format (Acrobat File)
Industry-leading
Growth in Enterprise Portfolio and Solutions
Profitability
Impacted By Strategic Investments To Drive Long-Term Growth
Dell
reported fiscal second quarter revenue of $16.4 billion, up 11 percent
year-over-year and driven by a 19 percent increase in worldwide product
shipments. Earnings per share were $0.31 and cash flow from operations
was $1.1 billion.
“We
are positioning Dell to win in a new era of global IT spending,” said Michael
Dell, chairman and CEO. “We have our most competitive product portfolio
ever – whether for digital nomads or hyper-scaled data centers. Our growth
at a multiple of the industry across all major product categories for the
second consecutive quarter affirms we are on track with our five key business
priorities – notebooks, consumer, enterprise, SMB and emerging countries.”
Operating
income was $819 million, or 5 percent of revenue. Gross margins in the
quarter were adversely affected by actions to drive growth in strategic
areas like Global Consumer and EMEA, as well as an increase in deferred
revenue from the sale of successful service offerings in EMEA, which will
be recognized in subsequent periods.
Dell’s
productivity improvements gained momentum in the quarter with operating
expenses at 12.2 percent of revenue, a decrease of 1.6 percentage points
and the lowest level for Dell in six quarters. Dell’s tax rate in the quarter
was 26.4 percent.
In
the quarter, the company absorbed $27 million of expense for the amortization
of purchased intangibles and $25 million in business realignment costs.
Each expense was worth about $0.01 in earnings per share. The company remains
committed to achieving annualized cost reductions of at least $3 billion
by the end of fiscal year 2011.
“We
are making progress in improving productivity and reducing costs,” said
Brian Gladden, Dell CFO. “Strategic actions to accelerate growth in certain
areas of our business affected gross margins this quarter and there will
be some non-linearity in the improvements in our operating income margins
as we rebalance our portfolio, make cost improvements and drive growth.”
Second Quarter
Year to Date (in millions, except share data) FY'09 FY'08 Change
FY'09 FY'08 Change
Revenue
$16,434 $14,776 11% $32,511 $29,498 10%
Operating
Income $819 $902 (9%) $1,718 $1,835 (6%)
Net
Income $616 $746 (17%) $1,400 $1,502 (7%)
EPS
$0.31 $0.33 (6%) $.69 $.66 5%
References
to Dell’s unit growth as a multiple of the growth of the industry exclude
Dell, and all growth rates are year-over-year unless otherwise noted.
Dell
ended the quarter with $9.5 billion in cash and investments and weighted
average shares were 2 billion, a 12 percent reduction. The company spent
$1.4 billion to repurchase 60 million shares of stock.
Continued
actions have reduced headcount by more than 8,500 in the past year, excluding
increases from acquisitions. In the third quarter, the company will attain
the goal of 8,900 it set for reductions a little more than a year ago.
On an ongoing basis, Dell will invest in strategic growth areas, while
focusing on scaling costs and improving productivity.
01-04
14:23 Dell regagne 1,6% sur les 20$
en pré-séance à Wall Street ce mardi...
Dell
regagne 1,6% sur les 20$ en pré-séance à Wall Street
ce mardi. Le texan de Round Rock a annoncé hier soir des actions
destinées à renforcer sa compétitivité et à
optimiser les opérations. "Nous pensons avoir une opportunité
de 3 Mds$ pour tirer la productivité et l'efficacité", explique
Michael Dell, dirigeant du Groupe. Les actions décidées par
Dell, qui seront mises en place durant l'exercice 2009 et par la suite,
doivent positionner le Groupe en vue d'une accélération de
la croissance sur les marchés consommateurs, entreprises, notebooks,
petites et moyennes entreprises, et les marchés émergents.
Dell
prévoit de nouvelles initiatives destinées à réduire
les coûts totaux produits, dont les dépenses de design, production,
et les charges logistiques et de matériaux. Les bénéfices
de ces actions seront réalisés à partir du second
semestre de l'exercice. Sur les trois prochaines années, Dell s'attend
à afficher des économies d'environ 3 Mds$, et utilisera les
bénéfices de ces actions pour renforcer sa position concurrentielle
et sa rentabilité. Dell confirme un objectif antérieur de
réduction d'effectifs de 8.800 postes au moins. Au cours des neuf
derniers mois de l'exercice 2008, Dell a déjà réduit
ses effectifs de 3.200 emplois, hors acquisitions.
Dell
prévoit de fermer son unité de production desktop texane
d'Austin, ce qui se traduira par 900 suppressions de postes. Le Groupe
étudie également différentes solutions possibles concernant
son unité de services financiers. La division pourrait ainsi être
cédée pour partie ou dans sa totalité.
Dell
Reports Preliminary Revenue of $14.4 Billion; Preliminary Earnings per
Share of $0.30
Company Takes Action
to Transform Business to Drive Long Term Sustainable Performance
Round Rock, Texas, March
1, 2007
Q4
FY'07 Preliminary financial statements in .pdf format (Acrobat pdf)
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