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Dell sales see upswing

Dell Computer expects a strong third quarter, in part due to its worldwide sales.

CNET News staff
Dell Computer (DELL) expects a strong third quarter, in part due to its worldwide sales.

"Demand has been firm all year. In the first half, we saw one of the strongest declines in component costs for the industry--and that drives demand," said Don Collis, a spokesman.

Meanwhile, demand has also remained firm across the globe, he noted.

Sales outside the Americas represented 32 percent of Dell's revenues in the second quarter. That was up slightly from fiscal 1995, when it accounted for 31 percent for the year.

Tom Meredith, Dell chief financial officer, yesterday noted during an investment conference that worldwide sales would be robust in the third quarter, according to a Reuters report.

Last quarter, Dell reported net sales of $1.69 billion for the period ending July 28, up 40 percent for the same time a year ago. Its earnings also rose 58 percent to $103 million during the quarter, compared with a year ago.

Analysts currently are forecasting Dell's quarterly earnings at $1.13 a share.