Dell Inc.
BRIEF: For the twenty six weeks ended 31 July 2009, Dell Inc.'s revenues decreased 23% to $25.11B. Net income decreased 46% to $762M. Revenues reflect a decrease in income from Large Enterprise, Public, Small & Medium Business and Consumer segments due to weaker customer demand as a result of challenging economic environment. Net income also reflects a decrease in gross profit margin and the presence of investment & other expense vs. an income.
Common Stock $.01 Par, 7/09, 7B auth., 3,349,000,000 issd., less 919,000,000 shs. in Treas. @ $27.9B. Insiders control 12.59% (incl. 20.5M in options). PO 4/91, 3,841,500 shs. @ $29 by Goldman Sachs. IPO: 6/88, 3.5M shs. @ $8.50 by Goldman Sachs. 3/99, 9/98, 3/98, 7/97, 12/96, 10/95, 2-for-1 stock splits; 4/92, 3-for-2 split.
Dell Inc. (Dell) is a technology company that designs, develops, manufactures, markets, sells, and supports a range of products. Its product categories include mobility products, desktop personal computers (PCs), software and peripherals, servers and networking, services, and storage. The Company manages its business in four operating segments: Americas Commercial; Europe, Middle East and Africa (EMEA) Commercial; Asia Pacific-Japan (APJ) Commercial, and Global Consumer. During the fiscal year ended January 30, 2009 (fiscal 2009), the Company acquired the Networked Storage Company. In April 2008, the Company completed the acquisition of MessageOne, Inc., a company engaged in providing software-as-a-service (SaaS)-enabled, enterprise-class, e-mail business continuity, compliance, archiving and disaster recovery services. In January 2009, the Company acquired the Microsoft IT consulting and solutions segments of Allin Corporation.