Items tagged with finances
There have been a few rumors flying around that Dell's CEO may be in at least a little bit of hot water, but nothing conclusive has come of it. And these results may ensure that Michael Dell will remain at the helm for some time to come. The company's 2Q 2011 fiscal year report just came out, and that includes a rather nice bump in revenue and profit. Extremely nice, actually. Total revenue in the quarter ended July 30 was $15.5 billion, a 22-percent increase from a year ago. And as for operating income, that rose 11 percent to $745 million. Net income? Up 16 percent to $545 million. Overall,... Read more...