Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Dude! Dell's Profits Jump 29%: Page 2 of 2

Revenue for servers and storage was 22 percent of the overall figure, matching the company's previous record, and helping contribute to the $700 million added in the quarter to a cash and investments bundle of $11.8 billion, officials said. Server shipments rose 44 percent, while storage revenue grew 60 percent. Software and peripherals revenue increased 31 percent -- Dell expects to sell five million printers this year, it said.

Dell says it expects third quarter revenues of about $12.5 billion with earnings of $0.33 a share. Analysts expect Dell to earn 32 cents a share on revenues of $12.5 billion in the same period, according to Reuters Research.

Dell also took time in the quarter to buy back more than $2 billion of its own stock, Rollins said. Overseas, much of the revenue gains were sales taken away from archrival HP, he added.

Evan Koblentz, Senior Editor, Next-Gen Data Center Forum