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Dell Yearly, Quarterly Sales Up

2/16/2011 10:18:02 AM Eastern
Round Rock, Texas - On the back of improved enterprise-level sales, Dell posted strong yearly and quarter results yesterday.

For its 2011 fiscal year, ended Jan. 3, Dell generated $2.6 billion in net income on $61.5 billion in sales, a 16 percent increase over the previous year. Fourth quarter net income was $927 million on 15.7 billion in revenue.

Dell's consumer business did not perform as well. The company reported $3.3 billion in revenue, down 8 percent year over year, with an operating income of $69 million. Dell said the release of the Windows 7 operating system in 2010 created artificially high comparable sales that the company had to compete against this year.

Dell's small and medium business revenues climbed 12 percent to $3.7 billion with operating income hitting $450 million for the year.

Large-enterprise revenue was $4.7 billion, up 12 percent. The company's public sector increased 4 percent to $4 billion with sales of servers and storage each enjoying double-digit growth for the year.
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