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29 Aug 08
Dell Earnings Down 17 Percent
[H]ardOCP:
Dell reported a seventeen percent dip in its second quarter results today but, despite the lower profits, the company’s server and laptop shipments were way up.
Despite lower-than-expected profits, Gladden called it "a great growth quarter" for Dell. The cost of growth in Europe in particular, he said was partly to blame for this quarter’s results. In other words, in an attempt to gain share in both consumer and enterprise markets Dell spent more than it did last year.
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