Summary Box: Dell profit sinks 23 percent in slumping PC market

August 27th, 2009 Dell profit down 23 pct but just beats estimateSAN FRANCISCO — Dell Inc. says its second-quarter profit fell 23 percent as the personal-computer industry's slump dragged on this summer.

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 19th, 2009 Summary Box: HP profit hurt by weak PC, ink salesPROFIT PINCHED: Hewlett-Packard Co.'s fiscal third-quarter profit fell 19 percent despite what the company described as improving conditions in the consumer personal computer market. HP's net profit was $1.64 billion, or 67 cents per share, versus $2.03 billion, or 80 cents per share, in the year-ago period.

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.

August 28th, 2009 On The Call: Dell talks profit marginsSAN FRANCISCO — A key surprise in Dell Inc.'s latest quarterly numbers was a better-than-expected gross profit margin, which refers to the amount of money Dell made on each dollar of revenue, before taxes and other expenses are stripped out. Gross margin is a closely watched figure that measures how well a company is controlling its costs.

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.

September 21st, 2009 Dell eyes tech services with $3.9B deal for PerotNEW YORK — Dell Inc. will spend $3.9 billion for the technology services company Perot Systems Corp.

August 28th, 2009 Dell's numbers show PC industry staggering backSAN FRANCISCO — Dell Inc.'s second-quarter results reinforce what other tech heavyweights have shown recently about the health of the personal-computer industry: it's still wounded by the recession, but is staggering back to its feet, thanks to consumers, bargain prices and little "netbook" laptops for surfing the Internet. The Round Rock, Texas-based company reported Thursday that profit fell 23 percent and sales fell 22 percent in the May-July period.

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.

June 1st, 2009 Dell chief's 2009 compensation rises 5.7 pct SEATTLE — The value of the compensation granted to Dell Inc. Chief Executive Officer Michael Dell rose 5.7 percent in fiscal 2009, according to an Associated Press calculation of figures disclosed in a regulatory filing, even as sinking computer sales hammered the PC maker's earnings.

August 28th, 2009 Dell, Intel, Tiffany, AIG are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange: NYSE: J. Crew Group Inc., up $1.97 at $34.73 The clothing retailer

July 30th, 2009 Nintendo profit tumbles as gaming hits dwindleTOKYO — Nintendo's quarterly profit tumbled 61 percent, hurt by a stronger yen and fewer blockbuster games for its popular Wii gaming console and DS handheld device. The Kyoto-based company said Thursday its April-June net profit fell to 42.3 billion yen ($445.2 million) from 107.3 billion yen a year earlier.

September 21st, 2009 SAN FRANCISCO - Computer maker Dell is to buy technology services company Perot Systems for $3.9 billion in a bid to gain a foothold in the lucrative sector of information technology consulting, the company announced Monday. The bid price of $30 a share represented a 68-percent premium on the share price of the company founded in 1988 by former independent presidential candidate Ross Perot.

July 10th, 2009 CHENNAI - With India housing around 7.6 million small and medium business (SMB) units and offering a good growth opportunity, computer manufacturer Dell India has realigned its focus on the sector, a senior company official said Friday. "We have refreshed our Vostro range of laptops targeted at the SMB segment with new features.

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.