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