Dell Q4 earnings drop amid weak sales February 22, 2012 - 13:55 AMT PanARMENIAN.Net - Computer maker Dell has reported an 18 per cent drop in fourth-quarter earnings as consumer sales continue to show weakness, Australian Associated Press reported. The Texas-based company said it earned $764 million in the quarter, down from $927 million in the previous corresponding period, as revenue increased 2.2 per cent to $16.03 billion. While consumer revenue dropped two per cent as customers continued to ditch PC's in favour of iPads and other tablet computers, Dell did perform well in Asia-Pacific and Japan, where sales grew 10 per cent, including a 15 per cent surge in China. Europe, the Middle East and Africa saw an eight per cent increase in sales, while sales in the Americas dropped three per cent. According to research firm Gartner, Dell is the number three computer maker in the world behind HP and Lenovo. If Apple's iPads were counted as PCs, Apple would be the world's largest computer maker.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Armenia-Qatar ties discussed in Doha  The Secretary of Armenia’s Security Council met with the Deputy Secretary General of the National Security Council of Qatar.ARARAT special evening dedicated to Aznavour's 100th Anniv. On May 20 ARARAT legendary Armenian brandy, celebrated the centennial of Maestro Charles Aznavour with a special event.Surveying works underway in Armenia’s Kirants Surveying works are underway in the Armenian village of Kirants in the northern Tavush province.Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes. |
