World’s third-largest personal-computer maker Dell Inc, reported a decline of 5 percent in the fourth quarter earnings despite increase of $14.9 billion in the revenue.
Company reported net income of $334 million for the fourth quarter of 2009 against the $351 million for the same period of previous financial year. It recorded an increase of 16 percentage increase in the revenue over the year due to pushed up by sales of economical notebook computers.
Dell is continuously focusing on removing operational costs from its structure, as with the efforts it can be able to save about $4 billion during the year and company is also making efforts to accelerate its acquisition activities to keep up with the competition and plan to strike international service deal to raise its international profile.
For the fiscal year 2010 company expects net earnings in the rage of 3.79 dollars to 3.86 dollars per share and revenue in the range of 121.5 billion to 122.5 billion dollars and according to the chief financial officer Cathie Lesjak of the company “We will continue to invest in growth and leverage our scale and global position to take advantage of an improving demand environment”.