Dell's first quarter, outlook: Uh-oh
Dell's first quarter came in below expectations and its outlook was weak. In other words, Dell's race to transform itself to a company with more software and services couldn't outrun weak hardware spending.
The company reported first quarter earnings of $635 million, or 36 cents a share, on revenue of $14.42 billion, down 4 percent from a year ago. Non-GAAP earnings were 43 cents a share. Wall Street was looking for earnings of 46 cents a share on revenue of $14.9 billion. Dell had a bevy of wild cards entering its first-quarter report, but Wall … Read more