November 21, 2006

Dell Profit up 12%

They are still too chicken to release financials (did somebody say something about SarBox?) but the Wall Street Journal reports:

Dell's profit increased 12% from a year ago, when it took a hefty restructuring charge, as revenue reached $14.4 billion. The computer giant provided preliminary results but few details in its delayed earnings release, citing an accounting review. Shares surged more than 10% in late trading.

I see these gloom-and-dooomers on Kudlow & Company, and I wonder what planet they live on. This is an anecdote, but a large business and personal electronics manufacturer should carry some bellwether status.

Economics and Markets Posted by jk at November 21, 2006 4:47 PM