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Dell, the world’s second largest personal computer maker, announced a first-quarter revenue that significantly exceeded the analysts’ forecasts, making its investors very happy.
The company managed to top the forecast of 34 cents a share on sales of $15.68 billion, finishing with earnings of $784 million or 38 cents a share on $16.08 billion in sales. Analysts based their suppositions on the annual growth of the company’s income, as Dell, during the same time period a year ago, earned $756 million or 34 cents a share for sales of $14.72 billion.
“We are executing on all points of our strategy to drive growth in every product category and in every part of the world,” said Michael S. Dell, the company’s founder, according to the New York Times.
The end of the first quarter brought another premier, as for the first time the revenue from its international sales managed to be bigger than the one from the United States, with Brazil, India and China increasing the growth with 58 percent.
The growth comes after a rather disappointing financial fourth quarter, and analysts believe that the company’s officials have a lot on their hands in order to keep everything going on the same positive direction.
The company has already announced its plans to reduce the cost of its products by enlarging its Chinese components’ purchases from last year’s $18 billion to $23 billion this year and to $29 billion in 2009.
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