Round Rock, Texas - Dell reported lower revenue and net income in its fiscal first quarter ended May 4.

Net revenue was $14.4 billion, down 4 percent from the prior year's first quarter.

Consolidated operating income was $824 million from the prior year's $1.2 billion.

In its consumer business net revenue for the quarter was $3.04 billion down from the prior year's $3.45 billion. Consolidated operating income was $32 million, down from the prior year's $170 million.