Dell 334 million fourth-quarter net profit fell 5 percent year on year

Dell today announced the fourth quarter of fiscal year 2010 financial results. Report shows that, due to strong sales of notebooks, Dell's fourth-quarter net profit and revenue growth than last year, but gross margins were slightly lower than analysts expected.

Ended January 29 of this quarter, Dell's net profit of 3.34 billion U.S. dollars, compared with same period last year net profit of 351 million U.S. dollars fell 5%; earnings per share of 17 cents, a year earlier earnings per share of 18 the United States points. Excluding one-time items, Dell's fourth-quarter earnings of 28 cents per share, the results topped analyst estimates. Thomson Reuters survey, analysts on average expected earnings per share for the fourth quarter of Dell's 27 cents.

Dell's fourth-quarter revenue of 149 billion dollars, 13.4 billion U.S. dollars last year increased 11%, exceeding the Thomson Reuters average analyst forecast of 138 billion dollars. Dell's fourth-quarter operating profit was 5.10 billion dollars, 457 million U.S. dollars last year increased 12%. Dell's fourth-quarter adjusted gross margin was 17.4%, below the Thomson Reuters average analyst forecast of 18%.

By product division of the fourth quarter of Dell's revenue comes from desktop to 3.445 billion U.S. dollars, compared with 3.538 billion U.S. dollars over the same period last year, down 3%; revenues from mobile products for 4.653 billion U.S. dollars, compared with same period last year 3.999 billion U.S. dollars up 16%; from the server and network revenues of 1.804 billion U.S. dollars, compared with 1.431 billion U.S. dollars during the same period last year, an increase of 26%; from storage products revenue was 5.99 billion U.S. dollars, compared with 7.03 during the same period last year 100 million U.S. dollars fell 15%; from service revenues of 1.922 billion U.S. dollars, compared with last year's 1.27 billion U.S. dollars, up 51%; from software and peripherals revenue of 2.477 billion U.S. dollars, with last year's 2.487 billion U.S. dollar was essentially flat.

In accordance with the global division, the fourth quarter of Dell's large corporate sector from the revenues of 4.197 billion U.S. dollars, compared with 3.889 billion U.S. dollars during the same period last year, an increase of 8%; from the public sector for 3.82 billion U.S. dollars in revenue over the same period last year of 3.287 billion U.S. dollars up 16%; from the SME sector revenues 3.336 billion U.S. dollars, compared with 3.043 billion U.S. dollars during the same period last year, up 10%; from the consumer segment recorded revenue of 3.547 billion U.S. dollars, compared with same period last year of 3.209 billion U.S. dollars increased 11%.

The same day, Dell's shares on the Nasdaq in regular trading up 0.32 dollars to close at 14.43 U.S. dollars, or 2.26%. In the ensuing at 17:06 U.S. Eastern Time and ending after-hours trading, Dell shares fell 0.75 U.S. dollars to 13.68 U.S. dollars, or 5.19%. Over the past 52 weeks, Dell's highest price for the 17.26 U.S. dollars, the lowest of 7.84 U.S. dollars.