Dell: Fiscal 1Q13 Financial Results

Storage continues to decline.

By Jean Jacques Maleval | May 23, 2012 at 2:24 pm

(in US$ million)	1Q12	1Q13
Storage revenues	500	444
Growth		-11%

Dell, Inc. announced its fiscal 2013 first quarter results ending May 4, 2012

Total storage revenues decreased 8% Y/Y from $481 million and 11% Q/Q from $500 million at $444 million for the quarter, continuing to be a mere 3% of global sales.

But company’s owned storage grew 24% yearly to $423 million.