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Dell Posts Another Quarter Of Earnings
Dell reported profits rose 29 percent in the May-July quarter on strong sales of printers, servers and continued double-digit gains in overseas markets.
Dell, the world's largest personal computer maker, said Thursday it earned $799 million, or 31 cents a share, compared with $621 million, or 24 cents a share a year earlier. It matched expectations of analysts surveyed by Thomson/First Call.
Revenue rose to $11.71 billion for the three months ended July 30, up from $9.78 billion a year ago.
For the first six months of its fiscal year, Round Rock, Texas-based Dell earned $1.53 billion, or 59 cents per share, on revenues of $23.24 billion.
Dell's earnings were in stark contrast to Hewlett-Packard Co., which posted disappointing earnings earlier in the day.
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