Dell's fourth quarter gets business boost
Computer maker delivers strong results amid heavy demand from large enterprises and small to midsize businesses.
Dell delivered strong fourth-quarter results amid heavy demand from large enterprises and small to midsize businesses.
The company reported fourth-quarter earnings of $927 million, or 48 cents a share, on revenue of $15.7 billion. Non-GAAP earnings were 53 cents a share, well ahead of the 37 cents a share Wall Street expected.
For fiscal 2011, Dell reported earnings of $2.63 billion, or $1.35 a share, on revenue of $61.5 billion, up 5 percent from a year ago (also see preview).
Dell CEO Michael Dell said in a statement that he was pleased with the performance the company is seeing from its commercial business.
Read more of "Dell fourth quarter propelled by large enterprise, SMBs" at ZDNet's Between the Lines.