Dell’s Earnings Lowest In Four Years, Bargain Prices Cramped Revenues…
Associated Press:
Dell Inc.'s shares stumbled on Friday after the company reported that low-priced laptops and other bargain systems cramped its second-quarter revenues.
The rare revenue miss — nearly $300 million below Wall Street forecasts — came atop a 28 percent jump in net income Dell reported late Thursday after the market closed. The company also issued an outlook for the third quarter that was at the low end of analyst forecasts.
First Posted: 08-12-05 11:39 PM | Updated: 03-28-08 02:43 AM