Dell Delivers a Downer
Man, was Dell (DELL) bad last night:a collapse of personal computer sales, including a dramatic revision down from just the June quarter; a 14% decline in personal computers; BRIC country business down 15% -- that's right, down; Asia Pacific off 12%; India and China weak, China for the first time ever; sequential revenue coming down; and Ultrabook sales terrible.
In short, even in a world where we have rallied stocks on beating or meeting reduced expectations, this one's a tough one to swallow....361 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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