Dell Reports Fourth Quarter, Full Fiscal Year Financial Results

Dell is a trademark of Dell Inc. Dell disclaims any proprietary interest in the marks and names of others.

DELL INC.
Condensed Consolidated Statement of Income and Related Financial Highlights
(in millions, except per share data and percentages; percentage growth rates and ratios are calculated based on underlying data in thousands)
(unaudited)

   
Three Months Ended % Growth Rates

February 1,
2013(1)

 

November 2,
2012 (1)

 

February 3,
2012

Sequential   Yr. to Yr.
Net revenue
Products $ 11,212 $ 10,706 $ 12,925 5 % (13 )%
Services, including software related   3,102     3,015     3,106   3 % %
Total net revenue   14,314     13,721     16,031   4 % (11 )%
Cost of net revenue
Products 9,169 8,904 10,521 3 % (13 )%
Services, including software related   2,036     1,945     2,125   5 % (4 )%
Total cost of net revenue   11,205     10,849     12,646   3 % (11 )%
Gross margin 3,109 2,872 3,385 8 % (8 )%
Operating expenses
Selling, general, and administrative 2,104 2,013 2,218 5 % (5 )%
Research, development, and engineering   307     270     236   14 % 30 %
Total operating expenses   2,411     2,283     2,454   6 % (2 )%
Operating income 698 589 931 19 % (25 )%
Interest and other, net   (38 )   (38 )   (24 ) (2 )% (59 )%
Income before income taxes 660 551 907 20 % (27 )%
Income tax provision   130     76     143   70 % (9 )%
Net income $ 530   $ 475   $ 764   12 % (31 )%
Earnings per share:
Basic $ 0.30   $ 0.27   $ 0.43   11 % (30 )%
Diluted $ 0.30   $ 0.27   $ 0.43   11 % (30 )%
Cash dividends declared per common share $ 0.08 $ 0.08 $
 
Weighted average shares outstanding:
Basic 1,738 1,735 1,778 % (2 )%
Diluted 1,748 1,742 1,796 % (3 )%
 

Percentage of Total Net Revenue:

Gross margin 21.7 % 20.9 % 21.1 %
Selling, general, and administrative 14.7 % 14.7 % 13.8 %
Research, development, and engineering 2.1 % 1.9 % 1.5 %
Operating expenses 16.8 % 16.6 % 15.3 %
Operating income 4.9 % 4.3 % 5.8 %
Income before income taxes 4.6 % 4.0 % 5.7 %
Net income 3.7 % 3.5 % 4.8 %
Income tax rate 19.7 % 13.8 % 15.8 %
 

Net Revenue by Product Category:

Servers and Networking (1) $ 2,623 $ 2,322 $ 2,220 13 % 18 %
Storage 434 386 500 12 % (13 )%
Services 2,112 2,107 2,179 % (3 )%
Third-party software and peripherals 2,275 2,258 2,558 1 % (11 )%
Mobility 3,674 3,523 4,877 4 % (25 )%
Desktop PCs   3,196     3,125     3,697   2 % (14 )%
Consolidated net revenue $ 14,314   $ 13,721   $ 16,031   4 % (11 )%
 

Percent of Total Net Revenue:

Servers and Networking (1) 18 % 17 % 14 %
Storage 3 % 3 % 3 %
Services 15 % 15 % 14 %
Third-party software and peripherals 16 % 16 % 16 %
Mobility 26 % 26 % 30 %
Desktop PCs 22 % 23 % 23 %
 

Net Revenue by Global Segment: (2)

Large Enterprise $ 4,653 $ 4,156 $ 4,982 12 % (7 )%
Public 3,473 3,824 3,833 (9 )% (9 )%
Small and Medium Business 3,396 3,282 3,560 3 % (5 )%
Consumer   2,792     2,459     3,656   14 % (24 )%
Consolidated net revenue $ 14,314   $ 13,721   $ 16,031   4 % (11 )%
 

Percentage of Total Net Revenue: (2)

Large Enterprise 33 % 30 % 31 %
Public 24 % 28 % 24 %
Small and Medium Business 24 % 24 % 22 %
Consumer 19 % 18 % 23 %
 

Consolidated Operating Income: (2)

Large Enterprise $ 393 $ 325 $ 467
Public 236 352 312
Small and Medium Business 385 349 399
Consumer   8     (65 )   61  
Segment operating income 1,022 961 1,239
Broad based long-term incentives (68 ) (75 ) (96 )
Amortization of intangible assets (188 ) (165 ) (104 )
Severance and facility actions and acquisition-related costs   (68 )   (132 )   (108 )
Consolidated operating income $ 698   $ 589   $ 931  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



Review Article Be the first to review this article

Harris

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
GeoIntelligence Asia Pacific Forum 2017 at Putrajaya International Convention Centre Putrajaya Malaysia - Aug 23, 2017
2017 Utah Drone Summit, Aug 25-26, 2017, Salt Palace Convention Center, Salt Lake City, Utah at Salt Palace Convention Center 100 S W Temple Salt Lake City Utah - Aug 25 - 26, 2017
Esri GeoConX Conference 2017 at Chicago Illinois - Sep 5 - 8, 2017
GENEQ
Teledyne Optech
University of Denver GIS Masters Degree Online
Teledyne:
GeoSmartAsia
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy