Dell, vs wall street

The world number two has published yesterday a profit down 6.5% to 679 million dollars, with an increase of 10% of its turnover, as part of its fourth quarter

The Wall Street expectations were dashed. Dell, which issued a profit yesterday, down 6.5% to 679 million dollars, with an increase of 10% of its turnover, as part of its fourth quarter, raises questions.

The number two worldwide PC already trying for several years to regain market share lost to competitor Hewlett-Packard - which has delighted leadership. It has faced over the period to several non-recurring charges, including a charge of $ 83 million for research and development. The group also suffered side effects from its dependence on its domestic market, from which it derives 51% of its turnover.

Reductions in staffing, acquisitions, prices of components and abandonment of the famous "Dell model of selling directly to the benefit of the distribution in stores, the new operation of the business Texas has yet to prove itself.

The group announced through its fiscal year ended 1 February 2008 a profit of 2.94 billion dollars, an increase of 14%.