Dell Posts Record Q4 Results
Feb 13, 2004
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Business appliance maker Dell reported its fourth-quarter results. Company revenue for the quarter ended Jan. 30, 2004 was U.S. $11.5 billion, 18 percent higher than the same period in 2003. Net earnings were $0.29 per share, up 26 percent. Full-year sales were $41.4 billion.

Product shipments were up more than 30 percent in Europe, the Middle East, Africa, the Asia-Pacific region, and Japan, and exceeded 20 percent in the Americas. Total product shipments in Asia-Pacific and Japan increased 34 percent. Dell product shipments in the Americas rose 22 percent. Total volumes in Canada, Mexico, and Brazil were up 25 percent.

Since their introduction in March, Dell says it has sold more than 2 million of its printers.

With record sales in the fourth quarter, the company posted $8.5 billion in full-year revenue in Europe, the Middle East, and Africa, 23 percent more than in fiscal 2003. Quarterly company product shipments in the region rose 33 percent, highlighted by increases in the three largest national markets: the UK, France, and Germany.

In January, Dell announced it would expand its imaging line through new technology partnerships with Fuji Xerox Co. Ltd., Eastman Kodak Co., and Samsung Electronics Co. Ltd., as well as its successful existing relationship with Lexmark International Inc.

Dell expects first-quarter fiscal-2005 product shipments to rise more than 20 percent, ahead of anticipated industry growth.

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