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More Good Times For Dell | |
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||
| Time: 01:34 EST/06:34 GMT | News Source: CRN | Posted By: Jonathan Tigner | ||
|
Dell just keeps rolling along. The PC maker Thursday reported its fifth consecutive quarter of year-over-year profit improvement and said that technology demand has stabilized but not greatly improved. CEO Michael Dell said the outlook among business executives is improving slightly, following a three-year slump in IT spending. "I will certainly tell you that there is increased optimism among CEOs and large companies, but I don't really want to characterize it too strongly," Dell said during a conference call with the media. "It's sort of incrementally improving. I think it's going to take a couple more quarters of economic improvement before you see IT budgets growing substantially." Shipments of the company's desktop PCs, notebook PCs, and servers rose an average of 27% from a year ago, faster than the growth of the rest of the industry, as Dell continued to take market share from rivals. | ||
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| #1 By 2332 (65.221.182.2) at 8/16/2003 1:03:48 AM |
| Considering I just invested fairly heavily in Dell, that's good news for me! :-) |
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