Eugene David ...The One-Minute Pundit |
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Thursday, November 19, 2009
Dell takes a late drubbing
DOW 15,...well, maybe tomorrow, despite the speed bump for the SECOND MASSACRE RALLY. "The mix of our business is 80% commercial," Gladden said. "But the areas of the most growth are coming from consumer [sales]. And we are losing share in the aggregate." Dell said its total unit shipments were down 5% from a year ago. Consumer sales totaled $2.8 billion, a 10% decline from a year ago even though consumer shipments rose 17%. Large enterprise revenue fell 23% from a year ago to $3.4 billion and small-and-medium business sales totaled $3 billon, down 19% from the same period last year. Revenue from desktop PCs slid by 26% compared to year-ago quarter, while notebook and mobility-product sales were down 14% and revenue from servers and networking equipment fell by 6% from a year ago. I'm telling you, all the signs are UP!
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