Dell profit sinks 23 percent in slumping PC market but edges past Wall Street estimates

August 27th, 2009 Summary Box: Dell profit down 23 pctFINICKY BUYERS: Dell Inc.'s second-quarter profit fell 23 percent as demand for computers remains soft. Sales fell 22 percent.

August 27th, 2009 Dell profit down 23 pct but surpasses estimateSAN FRANCISCO — Dell Inc.'s second-quarter profit was whacked 23 percent as the personal-computer industry's slump dragged on this summer. The results beat Wall Street's forecast, however, sending the shares up more than 6 percent.

August 20th, 2009 Intuit 1Q loss forecast wider than Street viewMOUNTAIN VIEW, Calif. — Personal finance and business software maker Intuit Inc.

August 6th, 2009 ExlService Holdings 2Q profit falls, shares slipNEW YORK — Outsourcing company ExlService Holdings Inc. said Thursday its second-quarter profit dropped more than 50 percent, as revenue fell almost 10 percent, but its results met Wall Street estimates.

July 14th, 2009 Intel says profit blows past estimatesSAN FRANCISCO — Intel Corp. says its profit and sales blew past Wall Street's forecasts — as long as analysts overlook a $1.45 billion antitrust fine from the European Union.

July 13th, 2009 Dell: PC demand stable compared with '08 quarterROUND ROCK, Texas — Dell Inc. expects its fiscal second-quarter revenue to be slightly higher than the first quarter, when sales plunged 23 percent to $12.3 billion.

July 14th, 2009 Sun Micro expects 4Q results below estimatesSANTA CLARA, Calif. — Sun Microsystems Inc.

April 23rd, 2009 EMC 1Q profit drops 23 pct, sales miss viewSAN FRANCISCO — EMC Corp.'s first-quarter profit dropped 23 percent on weakness in data-storage spending, which until recently had been fairly resilient to the recession. CEO Joe Tucci predicted that slumping information technology spending "has reached or is very near the bottom" and should rebound in the second half of this year.

April 23rd, 2009 EMC profit sinks, CEO sees tech spend turnaround SAN FRANCISCO — EMC Corp.'s first-quarter profit dropped 23 percent on weakness in data-storage spending, which until recently had been fairly resilient to the recession and is forcing the company into more cost cuts. But CEO Joe Tucci predicted that slumping information technology spending "has reached or is very near the bottom" and should rebound in the second half of this year.

July 14th, 2009 Dell: PC demand stable stabilizingROUND ROCK, Texas — PC maker Dell Inc. said Monday it expects its fiscal second-quarter revenue to be slightly higher than in the first quarter, when sales plunged 23 percent to $12.3 billion.

June 26th, 2009 Accenture reports better-than-expected 3Q profitNEW YORK — Business consultant and outsourcing company Accenture Ltd. said its fiscal third-quarter profit declined, mainly due to the negative effects of the stronger dollar on international sales, but still topped Wall Street estimates.

August 20th, 2009 Synopsys posts better-than-expected 3Q resultsMOUNTAIN VIEW, Calif. — Synopsys Inc., which makes software to develop and test chips, said Wednesday its fiscal third-quarter profit declined 18 percent from a year-ago period helped by an income tax gain, but the results still beat Wall Street expectations.

September 16th, 2009 Oracle net rises 4 pct, matching Street viewsSAN FRANCISCO — Oracle Corp. says its quarterly profit rose 4 percent despite a 5 percent drop in sales.

July 22nd, 2009 AMD stock sinks on profit-margin worriesSAN FRANCISCO — Advanced Micro Devices Inc. narrowed its loss in the second quarter, though not by as much as Wall Street hoped.

August 11th, 2009 Quest Software's 2Q results beat expectationsALISO VIEJO, Calif. —Quest Software Inc.