Dell: Fiscal 3Q09 Financial Results
Storage sales flat
By Jean Jacques Maleval | November 24, 2008 at 3:51 pm
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Dell’ storage products only
(3Q09 ending on October 31, 2008)
(in $ millions) | 1Q08 | 2Q08 | 3Q08 | 4Q08 | 1Q09 | 2Q09 | 3Q09 |
Revenues | 549 | 613 | 624 | 649 | 631 | 681 | 622 |
Q/Q growth | -14% | 12% |
2% | 4% | -3% | 8% | -9% |
Y/Y growth | 12% | 12% |
8% |
2% |
15% |
11% | -0% |
(Source: Dell)
Comments
Storage products represent only 4% of Dell's total revenues. For the nine months ending in October 2008, they were $1,934 million, a 8% growth compared to the same period one year ago ($1,786 million).
If the acquisition of EqualLogic, for no less than $1.4 billion and closed in January 2008, boosted Dell' storage revenues in its second fiscal quarter of the year, sales for the last three-month period are about the same as one year ago.