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Dell: Fiscal 3Q09 Financial Results

Storage sales flat

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.

 

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