Dell’s Net Income Drops 54%

Bad news for Dell. With quarterly earnings reports in, their year-on-year revenue has dropped 15 per cent to just shy of $US13 billion, and their net income dropped 54 per cent to $US337 million. Surprisingly, Dell’s home PC business is up 17 per cent from last year, but they’re making less money off it, with revenue in that sector down 10 per cent. [Electronista]