Dell, Inc.
Dell, Inc. is an American multinational computer technology corporation based in Texas, United States. The company develops, sells, and supports computers and related products and services. Dell Inc. is one of the largest technological corporations in the world, employing more than 103,300 people worldwide. Dell is listed at number 41 in the Fortune 500 list (2011). It is the third largest PC maker in the world after HP and Lenovo.
Current Performance
Dell reported improved financial results for the second-quarter fiscal year 2010. Product shipments, revenue, operating income, gross margin and earnings were all higher than in the first quarter, and the company continued to reduce operating expenses. Shipments were up 10 percent, revenue 3 percent from the first quarter among calming spending on information technology. Combined revenue from servers and storage was up 7 percent sequentially. Revenue of $12.8 billion was 22 percent lower than the previous year’s in the same quarter. In addition, Cash flow from operations was $1.1 billion, as Dell ended the quarter with $12.7 billion in cash and investments. Therefore, Gross margin was 18.7 percent of revenue a strong improvement in cost of goods sold, disciplined pricing, a sequential increase in sales from enterprise products.
Operating expenses were 13.5 percent of revenue and $288 million, 14 percent lower than in last year’s second quarter. As the result, .Operating income was $671 million.
Dell’s Financial Statement from 2009 to Jan 2011. Period Ending | | Jan 28, 2011 | Jan 29, 2010 | Jan 30, 2009 | Total Revenue | | 61,494,000 | 52,902,000 | 61,101,000 | Cost of Revenue | | 50,098,000 | 43,641,000 | 50,144,000 | | | | | | Gross Profit | | 11,396,000 | 9,261,000 | 10,957,000 | | | | | | | Operating Expenses | | | | | Research Development |