Thursday, April 3, 2003
Dell Computer Corp. backed its
outlook for an 18 percent jump in first-quarter revenue, citing demand for its
computer products has remained strong.
"We're seeing double-digit
year-over-year revenue growth in all regional markets and customer segments,"
Dell Chief Operating Officer Kevin Rollins said in a statement Wednesday.
Unlike many other technology
companies, Dell has increased revenues amid a sharp downturn in technology
because of its high-volume, low-cost production and distribution, which enables
it to keep prices low and take market share.
Dell said it expects to report
earnings for the April-ended quarter of 23 cents a share, with revenue at $9.5
billion, up from earnings of 17 cents per share and revenue of $8.07 billion a
year earlier.
Dell's CEO said Wednesday during a
presentation to journalists and industry analysts that amid economic turmoil,
chief information officers were turning to standardized technology, such as
Dell's personal computers and computer servers.
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