Friday, February 17, 2006
Dell Inc. reported a net income of $1 billion for the fourth quarter of 2005, up 52 percent from the same period of 2004.
Dell said fourth quarter revenue reached a company record $15.2 billion, up 13 percent year-to-year. Dell reported a full year net income of nearly $3.6 billion, up about 20 percent from 2004. Revenue for the year was $56 billion, Dell said, up 14 percent.
Dell's fourth quarter earnings and revenue fell short of rival PC supplier Hewlett-Packard Co., which a day early reported quarterly net earnings of $1.2 billion on sales of $22.7 billion for its quarter ended Jan. 31.
By: DocMemory
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