Dell Profit Dips 48% In Fourth Quarter

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AP   |   02/26/09

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AP:

Dell Inc. said Thursday its profit dove 48 percent during the fiscal fourth quarter as the recession forced consumers and businesses to spend less on technology. The company also said it expects to make further cuts to its work force.

Earnings for the quarter that ended Jan. 30 sank to $351 million, or 18 cents per share, from $679 million, or 31 cents per share.

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Dell Inc. said Thursday its profit dove 48 percent during the fiscal fourth quarter as the recession forced consumers and businesses to spend less on technology. The company also said it expects to ma...
Dell Inc. said Thursday its profit dove 48 percent during the fiscal fourth quarter as the recession forced consumers and businesses to spend less on technology. The company also said it expects to ma...
 
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