Nov 19, 2012

Dell reports Q3 earnings: $13.7 billion in revenue, net income drops 47% year-over-year

Dell reports Q3 earnings: $13.7 billion in revenue, net income drops 47% year-over-year

Dell's revenues and profits continued to shrink in Q3 of fiscal year 2013. While the manufacturer did manage to rake in revenues of $13.7 billion, that marks a significant drop from Q2's $14.5 billion and the $15.5 billion it pulled in over the same period last year. Profits also took a sharp downturn, with only $475 million of the money coming in boosting the bottom line. By comparison, Q3 of 2012 saw Dell padding its pockets with $893 million in net income - that's a 47 percent drop.

Engadget , Dell reports Q3 earnings: $13.7 billion in revenue, net income drops 47% year-over-year, Dell reports Q3 earnings: $13.7 billion in revenue, net income drops 47% year-over-year

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