Dell net income falls, revenue soars in Q4

Personal computer maker Dell reported a 4.84 per cent decline in its fourth quarter

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net income at $ 334 million, while the company's revenue grew in each segment.

In the year-ago period, the company had a net income of USD 351 million, Dell said in a statement.

Total revenues of the firm rose by 11 per cent from the year-ago period to USD 14.9 billion in the fourth quarter ending January 29, 2010.

The company said sales in rapidly growing economies were up strongly. In the BRIC countries (Brazil, Russia, India and China), revenue increased by 72 per cent from the year-ago period.

"We achieved solid revenue growth in every part of our business. Our commercial units are well poised for profitable growth as demand continues to return because we're meeting customer requirements for higher-value, higher-margin servers, storage systems and services," Dell's CFO Brian Gladden said.

The personal computer maker's gross margin fell to 16.6 per cent in the November to January quarter from 17.2 per cent in the same period last fiscal.

Dell is "cautiously optimistic" about the next financial year. The company saw demand in the important commercial business continuing to return during the fourth quarter and expects the trend to continue in FY'11.

The company said that revenue from all its four business segments public, consumers, large enterprise, and small and medium business has improved.

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