Dell expects decrease in sales - News - Dukascopy Bank

Wed, 22 Feb 2012 09:27:36 GMT
Source: BBC
 
© Scanpix/AFP
Dell has announced 18% fall in its profits in Q4 of 2011 and expects further decline in revenues in this quarter thus escalating concerns that PC sector has not yet recovered after recession. Net income for the last quarter tumbled to 764 million US Dollars as compared to 927 million US Dollars in the previous year. After the company reported 7% expected decline in sales in this quarter, its shares lost 4%.



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