Dell Returns Best First Quarter Figures

Summary


Dell posted a surge in annual profits after enjoying its best ever operating quarter.

The world's second largest PC maker said net profits rose 25 per cent to $2.65 billion (pounds 1.4 billion) in 2003 -helped by a strong fourth quarter in which it saw record product shipments, revenue, profits and earnings per share. Texas-based Dell said it now expected product shipments to rise more than 20 per cent in the first quarter -well ahead of forecast industry growth.

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Dell Returns Best First Quarter Figures

This should produce revenues of $11.2 billion (pounds 5.92 billion...

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