Dell: earnings in line with expectation; falls in the after-hour session
Dell, the largest personal computer manufacturer, posted its earning in Q1 to be in line with market expectation but turnover in Q2 was expected to fall. Earnings in Q1 were US$462.5 mln, that was US$0.17 each, being in line with year-on-year and revised market expectation. Operating income in Q1 went up by 10% to US$8 bln. The group predicted that turnover in Q2 will edge down by 3% to 5%, earning per share will be US$0.15 or US$0.17, and margin profit will fall slightly in stability.
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