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Dell Computer Quarter on Track, Spokesman Says

configure   on 23 June 2002 - 11:56 · no comments & 620 views

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Dell Computer Corp. is on track to meet its financial targets in the current quarter despite a series of warnings from its competitors, a spokesman said on Friday.

"We are on course and we have not changed our guidance," Mike Maher, spokesman for the Round Rock, Texas-based No. 2 PC maker, told Reuters.

Dell had forecast in May that it would have $8.2 billion in revenue and 18 cents earnings per share in its fiscal second quarter, ending in July.

Earlier on Friday, Chief Executive Michael Dell was quoted as saying that his company had not seen the soft computer demand noted by other companies in the industry, such as Apple Computer Inc.AAPL.O and microprocessor makers.

Shares in Dell closed up 5 cents at $23.98 on the Nasdaq on Friday.

News source: Reuters - Dell Computer Quarter on Track, Spokesman Says

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