"Dell Inc. said yesterday that its quarterly profit climbed 25 percent, propelled by a steady increase in technology spending by American businesses and a surge in sales abroad. The company, the leading personal computer maker, said sales to the commercial sector in the United States rose 20 percent, ahead of the overall industry growth rate of just under 12 percent worldwide," reports The New York Times.
Revenues grew by 18% to $12.5 billion and profits reached $846 million.
"Dell said it sold eight million personal computers, notebooks, servers and other devices, setting a record in unit sales for any quarter. Mr Rollins [Dell's chief executive] said the company gained market share in the personal computer market, now 18.1 percent of the worldwide personal computer market, up from 16.9 percent for the last year."
