Stock Market Watch

Dell Smashes Earnings Expectations

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Dell‘s (NASDAQ:DELL) third quarter earnings showed an increase of 27% in its sale of PC’s, networking solutions and servers along with a 20% increase in Gross margin.

This result surpassed expectations and is something not seen from Dell (NASDAQ ELL) since a long time. Analysts were expecting earning around 12 % -17.5%.

Dell (NASDAQ:DELL) has been fighting for the second spot in the PC market with Acer (NASDAQ:CSCO) since a long while and has been losing in developing markets to HP (NYSE:HPQ). The benefits were accredited to reduced prices of screens and hard drives. There have been fears of reduced public spending raised by companies such as Cisco which mean bad news for future Dell (NASDAQ:DELL) profits.



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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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