In Short: Dell; Sales Are Up For Nearly All Products - InformationWeek

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In Short: Dell; Sales Are Up For Nearly All Products

Dell's growth continued unabated across virtually every market in which the company has products. "We're seeing improved capital spending from the IT environment," CFO Jim Schneider said in a conference call, adding that spending seems particularly strong in the consumer and small-business areas.

The company reported a profit of $677 million on revenue of $10.62 billion for its third quarter ended Oct. 31. Profit was up 21% from the year-ago quarter, while revenue was up 16%.

One of Dell's strengths for the quarter was the increasingly symbiotic relationship between its server and storage lines. Global server shipments were up 30%, while sales of external storage systems increased 68%. Dell and storage partner EMC Corp. have had 7,000 joint customers worldwide since their relationship began, chairman and CEO Michael Dell said. The company's total revenue from enterprise computing systems was up 32%.

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