Dell's Profit and Revenue Rise in Q2

23 Aug 2010

Dell has revealed that during it's second quarter this year, the computer giant has experienced significant rise in profit and revenue.

Compared to last year's figures for the same period, Dell has seen a rise in profit by 16 per cent from $472m to $545m, and an increase in revenue of 22 per cent from $12.8bn to $15.5bn.

Dell said that it was an increase in the sales of servers, storage and services by 43 per cent which has driven up overall sales and profit.

Dell's CEO, Michael Dell stated: "We continue to strengthen our portfolio of datacentre solutions at an aggressive pace with the addition of key intellectual property, talent and technology. This quarter's results are a strong reflection of the progress we have made, and we remain very focused on delivering the best possible solutions and services to meet our customers' IT needs."

Last week, Dell announced the $1.5bn acquisition of 3Par and have voiced hopes that this will also push up profits as it will expand its storage product portfolio and help customers reduce data management, storage administration and infrastucture costs.

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