Printed from http://www.electronista.com

Dell reports revenue despite legal problems

updated 05:50 pm EST, Thu March 1, 2007

Dell reports revenue

Computer maker Dell has announced preliminary fourth-quarter finances, amounting to $14.4 billion in revenue, with $801 million in operating income. This made 30 cents per share for stockholders, and gave the company a total of $12.5 billion in cash and investments. The company will bring in even more money due to not paying bonuses, which were tied to operating targets, but it will lose a substantial amount of that due to investigations into accounting practices. The Securities and Exchange Commission is conducting an ongoing probe into the company; neither they nor Dell, however, have disclosed what the source of concern is. It in fact marks the second quarter in a row that Dell will not be holding a conference call for the results, which the company says would not be "prudent" given legal concerns.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Cat B100

Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

Linksys EA6900 AC Router

As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

D-Link DIR-510L 802.11AC travel router

Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

Sponsor

toggle

Most Commented

 
toggle

Popular News