Wednesday, February 16, 2011

Dell Inc.

Dell Inc. said expanding sales to large customers bolstered its fourth quarter sales and profits above market expectations.The Round Rock computer maker reported a profit of $927 million, or 48 cents a share, on revenue of $15.7 billion. Its revenue was up 5 percent from a year ago, but its profit was up 177 percent.The company said strong demand and profits across all its business segments boosted company profits.
For all of fiscal 2011, Dell had a profit of $2.6 billion, or $1.35 a share, on revenue of $61.5 billion. That compared with a profit of $1.4 billion, or 73 cents a share, on revenue of $52.9 billion for the prior year.
This stock is another solid company that you should own for 2011...




Dell Inc. designs, develops, manufactures, markets, sells, and supports computer systems, as well as provides related services worldwide. It offers desktop PCs; notebook computers, mobile workstations, and smartphones; servers and networking products; storage solutions, including storage area networks, network-attached storage, direct-attached storage, disk and tape backup systems, and removable disk backup; and printers and displays. The company also provides third-party software products, such as operating systems, business and office applications, anti-virus and related security software, and entertainment software; and peripheral products, such as printers, televisions, notebook accessories, mice, keyboards, networking and wireless products, digital cameras, power adapters, and scanners. In addition, it offers infrastructure technology services, as well as customer deployment, asset recovery, and recycling services; IT consulting, strategy and enterprise consulting, implementation for prepackaged software applications, and research services; applications development and maintenance services; and business process services, such as claims processing, product engineering, payment and settlement management, life insurance policy administration, receivables collection, and call center management. Further, the company provides financial services, including originating, collecting, and servicing customer receivables related to the purchase of its products; and financing alternatives and asset management services. It serves corporate businesses; government, education, and healthcare organizations; law enforcement agencies; and small and medium-sized businesses, individual customers, and retailers. The company sells its products and services through its sales representatives, telephone-based sales, and online at dell.com, as well as through indirect sales channels. Dell Inc. was founded in 1984 and is headquartered in Round Rock, Texas.

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