Dear readers this article analyzing the financial report of major IT giant Dell, Inc. The expectation about wall Street the financial results of Dell for the fourth quarter of this year were easily passed by the company which recorded the revenue of $14.6 billion or have per share income touching 26 cents but the company gave higher returns to their share holders.
Dell has attributed the success to higher average selling prices that boosted its top line and that senior leadership restructuring ‘to enhance accountability’ accounted majorly for its transformation. The company also decided to globally bring down the headcount by almost 10% which yields the increasing the employee strength is 9,000 professionals around the globe. The last quarter’s performance stood at per share earnings of 33 cents on $14.22 billion revenue.
Note: This report based on fourth quarterly report of the year 2006-2007. For more information please visit the company website.
Market related information about Dell as follows
Dell Inc. (Dell) is a technology company, which offers a range of product categories, including desktop computer systems, storage, servers and networking products, mobility products, software and peripherals, and enhanced services. Dell markets and sells its products and services directly to its customers, which include large corporate, government, healthcare, and education accounts, as well as small-to-medium businesses and individual customers. On August 13, 2007, Dell acquired ZING Systems, Inc., a consumer technology and services company. In November 2007, Dell announced that it has completed the acquisition of ASAP Software, a software solutions and licensing services provider and a former subsidiary of Corporate Express. In December 2007, Dell acquired Everdream Corp., a provider of Software-as-a-Service (SaaS) solutions for remote-service management.
Shares are listed in NASDAQ:DELL Market Cap: 55.76B as of Dec 2007
Here I've listed the most recent management team of Dell, Inc.
Michael S. Dell > Chairman of the Board, Chief Executive Officer
Donald J. Carty > Vice Chairman of the Board, Chief Financial Officer
Michael G. Cannon > President - Global Operations
Ronald G. Garriques > President, Global Consumer Group
Stephen F. Schuckenbrock > Senior Vice President, Chief Information Officer, President, Global Services
Mark Jarvis > Senior Vice President, Chief Marketing Officer
Andrew Esparza > Senior Vice President - Human Resources
Bradley R. Anderson > Senior Vice President - Business Product Group
Paul D. Bell > Senior Vice President, President,
Thanks Dell for services to the world, has grateful 2008!!! Happy New Year!!!
