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Dell FY 2012 Q1 Earnings Call

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Dell FY 2012 Q1 Earnings Call
Dell Inc.
Fiscal Year 2012 First Quarter
Earnings Conference Call
May 17, 2011
OPERATOR:

Good afternoon and welcome to the Dell Inc. First Quarter
Fiscal Year 2012 Earnings Conference Call. I'd like to inform all participants that this call is being recorded at the request of Dell.
This broadcast is the copyrighted property of Dell Inc. and a rebroadcast of this information in whole or part without the prior written permission of Dell Inc. is prohibited.
As a reminder, Dell is also simulcasting this presentation with slides at www.dell.com/investor.
Later we will conduct a question and answer session. If you have a question, simply press tar then one on your telephone keypad at any time during the presentation. I’d like to turn the call over to Rob Williams, Vice President of
Investor Relations.
Mr. Williams, you may begin.

ROB WILLIAMS:

Thank you.
With me today are Michael Dell, Brian Gladden and Paul
Bell, President of our public and large enterprise business.
We have posted our web deck on dell.com and we released a V-log on Dell Shares. I encourage you to review these materials for additional perspective.
In Q2, we will attend the Bernstein Conference on June 1st.
We will be hosting our analyst meeting on June 28th and
29th, and our stockholder's meeting on July 15th.
Next, I would like to remind you that all statements made during this call that relate to future results and events are forward-looking statements that are based on our current expectations. Actual results and events could differ materially from those projected in the forward-looking statements because of a number of risks and uncertainties,

Dell Inc.
Fiscal Year 2012 First Quarter
Earnings Conference Call
May 17, 2011
Page 2 of 36

which are discussed in our annual and quarterly SEC filings and in the cautionary statement contained in our press release and in our web deck. We assume no obligation to update our forward-looking statements.
Please note that on today’s call we will be referring

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