Dell ups Q4 revenue expectation to $8 billion

Dell Computer Corp. expects revenue and net income for its fourth fiscal quarter to be better than previously announced, thanks to an increase in its PC sales during the quarter.

Dell now expects revenue of US$8 billion for its fourth quarter, which ends Feb. 1, up from previous expectations of $7.6 billion, the company said in a statement. Dell also expects to report earnings of $0.17 per share, compared to the $0.16 per share it forecast at the close of its third quarter in November. A consensus of analysts polled by Thomson Financial/First Call expect the company to report earnings of $0.16 per share.

Dell raised its expectations mainly because of better than expected PC sales to consumers, the company said.

In fact, Dell was the only company to post a year-on-year increase in PC shipments both worldwide and in the U.S. according to figures released Thursday by market research group International Data Corp. (IDC). Dell now has a 27.5 percent market share in the U.S. and a 14.2 percent market share worldwide in unit shipments, putting it at the top of the two markets.

The overall PC market declined in both markets, with unit shipments dropping 10.1 percent in the U.S., and 6.7 percent worldwide, according to IDC. Dell will report its 2002 fourth-quarter earnings and give guidance on its first fiscal quarter of 2003 on Feb. 14, the company said.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Douglas F. Gray

Computerworld
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?