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Article: Dell 2Q Profit Jumps 46 Percent to $733M
- Article from:
- AP Online
- Article date:
- August 31, 2007
CopyrightCopyright 2007 Associated Press/AP Online. This material is published under license from the publisher through YellowBrix, Alexandria, Virginia. All inquiries regarding rights should be directed to YellowBrix. (Hide copyright information)
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DALLAS - Dell Inc. finally saw some positives in its second-quarter earnings report after a year of continuing misfires, but analysts believe it's too soon to tell if the computer maker can return to being an industry juggernaut.
In preliminary results posted Thursday, Dell said quarterly earnings jumped 46 percent on stronger sales of business products and services, improved average selling prices and lower component costs.
Dell earned $733 million, or 32 cents per share, in the three months ended Aug. 3, compared with $502 million, or 22 cents per share, in the same period a year ago. Sales rose 4 percent to $14.8 billion.
The results beat the prediction of analysts polled by Thomson ...