Before the Bell: Dell Extends Gains
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Shares of Dell Inc. DELL.O rose 2.3  percent before the bell on Friday after the computer maker said  it is a year ahead of schedule in its plan to double its annual  revenue to $60 billion.
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Two separate reports indicate that Dell has continued to hold--and even extended--its lead in the PC market, defined as desktops, mobile computers (not PDAs), and x86 servers.
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The market ends the week in the red.Plus: Dell's Q4 profits fumble.... IBM answers phones.... and more.
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Dell (DELL:Nasdaq - news - research) should have little trouble notching its financial goals for the October quarter, a performance that&#39;s come to be expected every three months by the investment community.
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Dell, the world&#39;s largest personal computer maker, posted a higher quarterly profit Thursday, helped by market share gains and lower component costs despite slowing demand for corporate PCs.
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Offering a stark counterpoint to rival Hewlett-Packard Co., Dell Inc. (DELL) reported a nearly 30 percent jump in net income as strong sales of printers, servers and notched double-digit gains in overseas markets...
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Dell Inc., the world's second-largest personal-computer maker, reported first-quarter profit and sales that beat analysts' estimates and said it will cut about 8,800 jobs. The shares rose 5.9 percent in extended trading.
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U.S. stocks rallied further on Friday,  as a bright business outlook from computer maker Dell Inc. and  a further dip in oil prices powered blue chips and tech stocks  to close the week at their highest level in months.
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NEW YORK, November 12  - Dell Inc (DELL.NAS), the world&#39;s largest PC maker, has reported 25% growth in its third-quarter profits this year, boosted by continued market share gains and reduced PC component costs.
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(InfoWorld) - Dell Inc. Tuesday pointed to its adoption of processors from Advanced Micro Devices Inc. (AMD) for pushing it to US$677 million in profit for the third quarter, though the company has delayed reporting final numbers due to an accounting investigation by the U.S. Securities and Exchange Commission (SEC). Dell's preliminary results mark anÂ improvement over the third quarter last year, when it reported $13.91 billion in revenue and a profit of $606 million. Dell reported revenue of $14.38 billion for the quarter, which ended Nov. 3, 2006. Dell did not offer an official comparison to the year-earlier figures, however. Dell reported earnings of $0.30 per share for the third quarter in 2006, beating the estimates of analysts who had expected Dell to earn $0.24 per share on revenue of $14.44 billion, according to a survey by Thomson Financial. The company was scheduled to report its earnings last Thursday, but delayed the move because it was trying to cooperate with investigations by the SEC and the U.S. Attorney for the Southern District of New York. Company leaders had cited the same reason after they missed a deadline for notifying the SEC of their second quarter earnings. They have still not filed that report, called a Form 10-Q. Company executives were not available to comment on the results. The company filed the numbers in a press release only, skipping the traditional conference call with reporters and analysts. Dell pointed to its success in selling computers powered by AMD processors for its impressive numbers. After missing its earnings target for the first quarter, Dell said in May it would finally diversify from selling computers with chips from Intel Corp. Still, Dell is having a rocky year. In June, Chief Executive Kevin Rollins promised to rebound from weak earnings by investing $100 million in customer service and by using fewer rebates in setting PC prices. But in August, Dell was forced to recall 4.1 million defective laptop batteries. Next, Dell acknowledged it was under investigation by the SEC, and, last week, lost its status as world's largest PC vendor to rival Hewlett-Packard Co.(HP). HP turned up the pressure last week when it reported net income of $1.7 billion for the fourth quarter, more than four times its mark for that period last year. Â
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Stocks extended their rally on Friday,  led by technology shares after computer maker Dell Inc.  DELL.O shot up 8 percent on a higher quarterly profit and an  optimistic forecast.
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By Crayton Harrison, The Dallas Morning News  Dec. 16--Dell Inc. is awaiting a panel's decision on whether its stock will continue to be listed on the Nasdaq stock market, the company said Friday.
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Stocks to watch on Friday: DELL INC.  DELL.O: The top personal computer maker's earnings on  Thursday reflected slow sales in the consumer market, and its  revenue missed analysts' estimates. Its forecast for the first  quarter was also disappointing to Wall Street.
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U.S. stocks rose slightly after the open on Wednesday on news computer maker Dell Inc.  reported better-than-expected preliminary earnings, boosting technology shares.
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Dell Inc. DELL.O, the world's  largest personal computer maker, on Thursday posted a higher  quarterly profit, aided by market share gains and lower  component costs that fueled solid growth as rivals weakened.
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Plus: Dell delays...Novell profit climbs...Symbian spurt continues...HP profit surges. Check back for latest.
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SAN FRANCISCO - Dell Inc. continued to outpace the rest of the IT industry in the company's third quarter with sizzling growth in shipments, revenue, and net income adding up to the best quarter yet for the hardware vendor, the company said Thursday.