Dell results boosted by enterprise sales

16.02.2011
Dell on Tuesday reported a 177 percent year-over-year increase in net income for its fourth fiscal quarter of 2011, driven by growth in enterprise server and PC sales.

The company's profit was US$927 million for the quarter ended Jan. 28, up from $334 million in the previous year's fourth quarter.

Revenue was $15.69 billion, an increase of 5 percent year over year. Analysts expected revenue of $15.71 billion.

Dell's Large Enterprise division generated $4.7 billion in sales, up 12 percent from a year ago, driven by a strong demand for PCs and servers. Revenue from the Small and Medium Business division grew 12 percent year over year, to $3.7 billion.

However, revenue from Dell's Consumer division declined to $3.3 billion, a drop of 8 percent from last year's fourth quarter, when its PC sales were boosted by the launch of Microsoft's Windows 7 OS.