Dell profit drops 33 percent; home and corporate sales take a hit

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Dell profit drops 33 percent in Q1, both home and corporate sales take a hit
By Jon Fingas  posted May 22nd 2012 at 5:23PM

Dell hasn't been having the greatest of years, and the blows are still as heavy as ever in Round Rock's fiscal Q1. Its net profit dipped a steep 33 percent to $635 million, while its overall revenue was down four points to $14.4 billion.

Unlike in Q4, the PC builder couldn't point to strong enterprise sales as its savior, either: while its enterprise services' revenues were up two percent, its Large Enterprise group dropped by three points. Outside of small business sales and China, Dell's segments took hits as a whole, with the consumer group down a flinch-worthy 12 percent.

http://www.engadget.com/2012/05/22/dell-profit-drops-33-percent-in-q1/