Dell reports Q1 net income of $329M on revenue of $21.9B, up 3% YoY, below analyst estimates of $22.24B, as server and networking revenue fell 9% YoY to $4.2B (Larry Dignan/ZDNet)

Larry Dignan / ZDNet:
Dell reports Q1 net income of $329M on revenue of $21.9B, up 3% YoY, below analyst estimates of $22.24B, as server and networking revenue fell 9% YoY to $4.2B  —  The company cited slower demand in China and large enterprise opportunities.  Earnings in the quarter were better than expected, but sales fell short.



from Techmeme http://bit.ly/3156um6

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