Friday, February 17, 2006

WSJ.com - Dell's Profit Leaps 52% On Strong Foreign Demand

WSJ.com - Dell's Profit Leaps 52% On Strong Foreign Demand: "Computer maker Dell Inc. said its fiscal-fourth-quarter profit rose 52%, reflecting growth in sales and services outside the U.S.
The results, coming after two consecutive disappointing quarters, reflect the resiliency of the company's low-cost, direct-sales strategy developed by founder Michael Dell. The strong results also underscore a bright patch for high tech, coming on the heels of better-than-expected earnings reports from other companies, Hewlett-Packard Co. and Applied Materials Inc. among them."

FWIW pre-open mkt cap today:
AAPL: ~$60B
DELL: ~$75B

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