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

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Samsung Galaxy S6 Edge

The Samsung Galaxy S6 range is a critical component in Samsung's flagging smartphone strategy. With sales of its high-end smartphones ...

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softball ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Advertisement

toggle

Most Commented

 
toggle

Popular News