Dell revenue slides
Dell Inc reported fourth quarter earnings on Thursday.
* Sharp cost reductions and operational execution highlight dell's fiscal
fourth-quarter results
* Q4 earnings per share $0.18
* Q4 revenue fell 16 percent to $13.4 billion
* Says raises fiscal 2011 cost-reduction goal from $3 billion to $4 billion
* Says lot of it spending is being deferred until there's better economic
visibility
* Says deferred spending has increased and spread worldwide, significantly
affecting overall Q4 demand across all regions and customer segments
* Says global it end-user demand will continue to be uncertain and challenging
* Says expects to absorb organizational effectiveness expenses in Q1 2010 at
similar level as in Q4
* Reuters Estimates Q4 earnings per share view $0.28, revenue view $14,057.66
million
* Q4 includes previously announced pretax expenses of $0.11 per share
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