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Dell Reports Q4 Results

ROUND ROCK, Texas -- Dell (NASDAQ:DELL) today reported results for its fourth quarter of fiscal year 2008, with revenue up 10 percent year-over-year to $16 billion, unit growth of 19 percent, operating income of $776 million and earnings per share of $0.31. Revenue for the full fiscal year was $61.1 billion, an increase of 6 percent year-over-year and earnings per share grew 15 percent to $1.31.

Cash from operations totaled $1.2 billion, while cash and marketable securities at the end of the quarter were $9.5 billion. Dell resumed its share-repurchase program during the quarter, and spent $4 billion to repurchase 179 million shares of common stock. In the first quarter of fiscal 2009 the company expects to spend at least $1 billion to repurchase its shares.

Execution against our priorities continues to drive growth,” said Michael Dell, chairman and CEO. “As businesses and consumers worldwide join the Connected Age -- one that’s underscored by more data, more devices and more users -- we see enormous opportunities to enable them to Simplify IT and participate.”

Dell Inc.