enthalpy

enthalpy

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The truth shall set you free, but first it's going to piss you off

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Thursday, November 11, 2004

Posted 11/11/2004 05:23:00 PM by Douglas

Why is it that Dell posts record profits the exact same day they say they're shipping my new computer?

Dell Inc. said its profit surged 25 percent in the third quarter as the world's largest personal computer maker posted record sales due to rising technology spending in the corporate and government sectors in the United States and abroad.

Dell chief executive Kevin B. Rollins said he expected fourth-quarter shipments would be about 20 percent higher than a year ago. He predicted fourth quarter earnings of 36 cents per share, an increase of 24 percent, on revenue of about $13.5 billion, up 17 percent.

And driven by the continued double-digit growth and the company's direct-sales model, the computer giant said it was on track to become a $60 billion company sometime in 2006, roughly a year ahead of schedule.

Boy do I feel like a chump.

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