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Dell Is Just Getting Warmed Up
Posted February 22, 2012
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By Jack Holland
Dell (DELL) delivered earnings of $0.51 per share. On a one-penny miss, finicky analysts that apparently have not lived through a serious recession are now running for cover, calling for an end to the PC, the demise of Dell to its competitor Hewlett-Packard (HPQ) or continuing the misguided comparison of Dell to Apple (AAPL). Dell and Apple are about as similar as a basket of miniature iPhones and a basket of Dell Solutions and Services consultants.
Dell highlights its 4th quarter and FY11 results as follows:
-- Record earnings per share in fiscal fourth quarter
-- Enterprise solutions and services revenue up 27 percent for full year
-- Revenue increase of $8.6 billion in FY11 - largest single-year increase in company history
Dell's expanding strength as an enterprise solutions provider and continued strong execution during the fiscal fourth quarter drove record results and one of the company's most successful financial quarters ever. READ FULL ARTICLE HERE
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