Tuesday, November 20, 2012

Dell profit slides 47 percent amid weak PC market

Dell today reported a sharp drop in revenue and profits for the third quarter as the weak PC market continued to weigh on its results. Dell's revenue for the quarter, ended Nov. 2, was $13.7 billion, down 11 percent from a year earlier and shy of the $13.9 billion financial analysts had been expecting, according to a poll by Thomson Reuters.

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