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November 18, 2010

Dell Q3 revenue up 19% to $15.4bn

Large enterprise revenue up 27%

By CBR Staff Writer

Dell has reported revenues of $15.4bn for the third quarter of fiscal 2011, an increase of 19% compared to $13bn for the same period last year.

Operating income for the quarter was $1.02bn, an increase of 77% compared to $577m for the same period a year ago.

Dell chairman and CEO Michael Dell said the strong results demonstrate that the company is listening to customers and delivering what customers want.

"It validates that our strategy to offer choice and efficiency at every level of the IT enterprise computing stack is taking hold, and we are more focused than ever to being a true partner, not merely a provider to our customers," Dell said.

The company has posted a net income of $822m, or EPS of $0.42, for the quarter, an increase of 144% compared to $337m, or EPS of $0.17, for the same period last year.

During the quarter, large enterprise revenue was up 27% to $4.3bn, public revenue increased by 20% to $4.4bn, small and medium business revenue increased by 24% to $3.7bn, and consumer revenue increased marginally to $3bn, compared to the same period last year.

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