Dell Falls Short Of 1st Quarter Estimates, Consumer Sales Tumble 12% [Headlines]
The computer maker saw consumer notebook revenue fall 15%; the company also saw its PC market share decrease.
Without a tablet or mobile offering, and with computer sales slumping, Dell misses 1st quarter estimates by a significant margin. The company posted a net income of $635 million, or 36 cents a share for the quarter, compared with $1.1 billion, or 55 cents, a year earlier. Forbes