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| Dell's profit falls almost 50 percent |
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| Publication: | CNET | Date: | Feb 26 2009 |
The PC maker reported fourth-quarter revenue of $13.4 billion Thursday, a 16 percent drop from $15.9 billion reported the same quarter a year ago. Dell's profit for the quarter totaled $351 million, or 18 cents per share, compared to $671 million and 31 cents per share the year before. That's nearly a 48 percent drop in profit. Analysts had been anticipating earnings per share of 26 cents.
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