Dell Posts a 52% Increase in Profit, but Still Awaits a Wave of Corporate PC Buying

Dell presented Wall Street with tidy first-quarter results on Thursday, but the numbers lacked some of the luster presented by other technology bellwethers in recent weeks.

Like the others, Dell has depended on improving demand for computing equipment to climb out of the recession. Its first-quarter results showed rising sales across its major product lines and a much higher profit than at the same time last year.

Dell, however, continues to rely on large companies to buy new PCs, more than do other PC makers, and large companies still seem content with their old machines.

Read Full Article from New York Times

- Posted: 2010-05-20 21:42:54

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