Dell performance 'disappointing'
Dell laptop
Dell has had a tough time lately
Dell's chief executive has said he is "disappointed" with its performance
after the world's largest PC maker saw quarterly profits fall 51%.
Second quarter profits slipped to $502m (£266m) from $1.02bn for the same
period last year while a 5% sales rise to $14.1bn was below expectations.
Dell said it was taking steps to improve its business and had agreed a
tie-up with chip manufacturer AMD.
It pledged to cut costs, improve prices and invest in technical support.
"While we are disappointed with the results for the quarter, we are taking
the necessary actions to correct missteps and improve our results for the
long
term," said chief executive Kevin Rollins.
Dell released its results after the close of trading on Thursday, in which
its shares traded flat at $22.80.
Dell was only recently forced to recall more than four million computer
batteries because of fire risk, cau sing it adverse
publicity.
Shadab Husain Mo.9335206224
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