Dell Inc on Thursday agreed to pay $100 million to settle charges by market regulators that the computer maker used hidden payments from Intel Corp , and fraudulent accounting to make it appear that it was meeting analysts' earnings targets.
Dell Inc proposed a settlement with U.S. financial regulators over a long-running investigation of the computer maker's accounting, and adjourned its annual shareholders meeting on Friday.
Dell Inc said on Thursday the company is squarely focused on improving profitability, even as it grapples with rising component costs and volatility in international markets.
Dell Inc forecast a 14 to 19 percent jump in fiscal 2011 revenue as consumer and corporate spending returns, matching Wall Street's expectations, but investors are focusing on whether the world's No. 3 PC maker can sustain margins.
Dell Inc on Wednesday forecast its revenue for the 2011 fiscal year to grow 14 percent to 19 percent from the previous year as more customers buy new computers after holding back during the economic downturn.
Dell Inc's Michael Dell revealed on Thursday he had once considered taking the company he founded private, sending shares in the No. 3 PC maker surging as much as 6.4 percent.
Dell Inc's chief executive said on Thursday he has considered taking the company he founded private, and said the transformation of the computer maker is still incomplete.
Dell Inc said its Streak tablet computer can double as a mobile phone and will have a front-facing camera for videoconferencing -- features it hopes will help the new gadget compete against Apple Inc's iPad.
Dell Inc's quarterly sales and profit beat expectations but its gross margin fell short of analysts' forecasts and the computer maker warned that components supply will remain tight.
Dell Inc's quarterly sales and profit beat expectations but its gross margin fell short of analysts' forecasts and the computer maker warned that components supply will remain tight.
Dell Inc said on Thursday several of its former employees had been told they may face some sort of action by financial regulators related to a long-running probe of the PC maker's accounting.
World number three PC maker Dell expects revenues in China, its second largest market, to near $5 billion this year, chief executive Michael Dell said after launching a services business in the country.
Shares of Dell Inc fell on Friday, as investors showed their frustration with the computer maker's margin performance for the January quarter.
Dell Inc's quarterly gross margin missed Wall Street expectations, hurt by sales of lower-priced personal computers for consumers and a rise in costs for memory chips and other components.
Dell Inc reported higher-than-expected quarterly profit and revenue on strong sales of its notebook computers, though its gross margin was slightly below analysts' forecasts.
With computer hardware at the top of the shopping list for many companies this year, Hewlett-Packard Co and Dell Inc offer investors two different ways to play the information technology upgrade cycle.
Top U.S. executives say their companies are moving out of the defensive position they adopted during the recent worldwide downturn and are aggressively planning to grow, according to the latest semiannual survey by the Business Council.
Mark Zuckerberg created Facebook from his Harvard dormitory, but after the social networking website exploded in popularity, he promptly quit school and became a full-time entrepreneur.
Dell Inc said the acquisition of Perot Systems will help tap new growth markets as it makes a deeper push into technology services.
Dell , the world's No.3 PC brand, said on Friday that its core business of selling computers to companies was returning, after a sharp drop-off during the global downturn led to disappointing quarterly results.
Dell Inc's quarterly profit plunged 54 percent on lower-than-expected sales as it lost market share to competitors engaged in a budding price war in the PC market.
Dell Inc posted quarterly revenue that fell a steeper-than-expected 15 percent, sending shares of the No. 3 maker of personal computers down more than 7 percent after hours.
