Dell Inc (DELL) Has a Good Quarter on PC Demand
Aug
28
Written by:
8/28/2009 2:11 PM
Dell Inc (DELL) Has a Good Quarter on PC Demand
The leading maker of PCs in the United States, Dell Inc, put together one of their better quarters since the US economy began to sour but the stock remains expensive after a recent run-up. The stock of Dell has rallied over the past three months from $11.50 a share to over $16.00 as the outlook for technology companies worldwide has improved.
Second Quarter Earnings
This morning the company announced 2nd quarter earnings which beat expectations. On lower revenue they were able to post 28 cents a share of income well above expectations of 23 cents. Revenue is expected to decline 16% this year compare to last year and finally rebound 4.5% next year.
The company has reported stabilized demand from consumers and businesses for PCs but they feel business demand will not improve until 2010. Windows 7 is one of the catalysts that should increase PC demand among business owners as companies will want to take advantage of the upgraded operating system with better performing machines.
Long Term Trade
With a current price/earnings (P/E) ratio above 15, revenue decreasing, and earnings still falling, any investment in Dell needs to be long term. Next year earnings are expected to increase 18.6% compared to the current year which would allow for some slight appreciation in the stock price.
© 2009 FastSwings.com
6 comment(s) so far...
Re: Dell Inc (DELL) Has a Good Quarter on PC Demand
Dell's business strategies are quite good than others and this make them be on the top always.
By LED Bulbs on
8/28/2009 8:22 PM
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Re: Dell Inc (DELL) Has a Good Quarter on PC Demand
Congrats to DELL for making such a progress. I think DELL is currently the top company in laptops and other devices. I am a big fan of DELL laptops.
By Online Poker on
8/30/2009 4:37 AM
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Re: Dell Inc (DELL) Has a Good Quarter on PC Demand
Dell has a good PC demand and mainly known for its customer service. It has a very good customer service and the best in the industry support. So people would definitely choose this product. It does provide excellent quality, variety and cost effective products. I liked the way and I feel these are the reasons for DELL Inc. being so high in the markets.
By viky on
9/5/2009 10:37 AM
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Re: Dell Inc (DELL) Has a Good Quarter on PC Demand
I think most people are good with Dell computers, I see why they would be making a lot of sales.
By Bernard King on
9/6/2009 9:11 AM
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Re: Dell Inc (DELL) Has a Good Quarter on PC Demand
Until Dell can overcome the terrible publicity of their miserable performance in customer service and get back some of the good publicity that Dell used to to have, their sales will continue to slide.
By B2B Trade Portal on
9/7/2009 6:47 AM
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Re: Dell Inc (DELL) Has a Good Quarter on PC Demand
Dell really makes sense up to now. they have good strategies of business. moreover, their service and product meet most of client's requirements.
By Secrets Of Traders on
9/7/2009 9:12 PM
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