Dell misses earnings!!!

S

S2007S

Go figure, who is buying computers and new laptops in todays economy, remember back in the late 90's when DELL could do no wrong, those days are long gone, DELL will probably never be a $20 $30 or $50 stock ever again. MSFT, HPQ, CSCO and the rest of tech are going to continue to fall

Price targets:

MSFT $10-$12
HPQ $18-$20
CSCO $8-$10
AAPL $65
RIMM $30
INTC $8-$10




Dell Earnings, Sales Fall; Both Miss Expectations

Companies:Dell Inc
By: CNBC.com | 26 Feb 2009 | 04:13 PM

Dell reported a big drop in earnings, falling well short of what analysts expected from the company. Dell's quarterly revenue also missed forecasts.

Dell
Elise Amendola / AP

The personal computer maker said that it earned 18 cents a share in the fourth quarter, on revenue of $13.4 billion.

In the same period last year, Dell turned in a profit of 31 cents a share on sales of $16 billion.

Dell was expected to earn 26 cents a share, according to a consensus from analysts who following the company. It was expected to report revenue of $14.18 billion.

Shares of Dell [DELL 8.21 -0.15 (-1.81%) ] were down about 2.5 percent in extended trading after losing 1.8 percent to $8.21 a share in regular market hours.
 
I wonder if Dell has anymore advice for the leadership of Russia. The same county that was first in space, had a freakin space station, has some of the greatest scientists the world has ever seen. Anymore advice from a hardware salesman?
 
Quote from Illum:

I wonder if Dell has anymore advice for the leadership of Russia. The same county that was first in space, had a freakin space station, has some of the greatest scientists the world has ever seen. Anymore advice from a hardware salesman?
More...
... :D
 
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