Dell's Profits Down

[k2spitfire88]

CNET reports Dell's profits are down 63% from last year, only bringing in $290 million in the first quarter.
http://news.cnet.com/8301-1001_3-10251421-92.html
Pretty interesting, considering Apple posted $10.17 billion in revenue (anyone have the number on their profits straight up?)...I guess their margins are working out for them. Anyone have any thoughts on this?

 

[Sesshi]

My thought is that you can't read.

 

[k2spitfire88]

How did I read it wrong???

 

[GoCubsGo]

Profits being down are not a result of selling "cheap crap". My thoughts are similar to Sesshi's … you didn't read that article correctly.

 

[k2spitfire88]

The cheap crap was my interpretation of Dell's lineup...

 

[GoCubsGo]

The cheap crap was my interpretation personal opinion of Dell's lineup...

I fixed that for you.

 

[k2spitfire88]

lol. Same thing IMO. If you feel differently, ok. No big deal. I just found it very interesting that their profits were down so far. Can we get back on that? lol

 

[GoCubsGo]

Sure, how is it interesting that their profits are down? What did you really take from the article as a whole (not just the title)?

 

[k2spitfire88]

The economy is in a state of recession, or so we are told. Theoretically, it should be Apple who's profits are down, with their huge margins, and extremely high prices. Yet, it is Dell who fell short of projections, by a large amount. It doesn't seem to make sense to me...

 

[OllyW]

Pretty interesting, considering Apple posted $10.17 BILLION in profits...I guess their margins are working out for them. Anyone have any thoughts on this?

I think you have got your facts wrong.

 

[k2spitfire88]

I think you have your facts wrong.

That's very possible. That is what I read, but I will research it more. Do you have/know where I could find the figures?

I see it on the Apple site, and the number referenced is the one I quoted, but it says it is Revenue. Not knowing a whole lot about financial reports, how different is that than profits?

 

[rdowns]

considering Apple posted $10.17 BILLION in profits.

As an APPL stockholder, this gave me quite the stiffie. If only it wasn't pulled out of your arse. 😀

That's very possible. That is what I read, but I will research it more. Do you have/know where I could find the figures?

I see it on the Apple site, and the number referenced is the one I quoted, but it says it is Revenue. Not knowing a whole lot about financial reports, how different is that than profits?

You have quite a bit of research to do if you don't know the difference between revenue and profits.

 

[k2spitfire88]

As an APPL stockholder, this gave me quite the stiffie. If only it wasn't pulled out of your arse. 😀

Haha. I think I got revenue and profits confused...