Dell Reports Big Quarter
Dell Wednesday announced that it posted a profit of $945 million in the most recent quarter, almost tripling the total from the same period last year.
The company attributed the strong performance to cost-cutting. Its consumer segment was down 7 percent, but large enterprise sales rose.
“We’re off to a solid start in our fiscal year 2012. Our substantial profit increase demonstrates that our strategy is working and our execution is improving," CEO Michael Dell said as part of the announcement.