Dell tops $18 billion in annual revenue,internet sales rise to $14 mil per day.
Voltaire:
You may be right on that.
DELL TOPS $18 BILLION IN ANNUAL REVENUE; INTERNET SALES RISE TO $14 MILLION PER DAY; COMPANY ANNOUNCES 2-for-1 STOCK SPLIT
Business and High-Tech Editors
ROUND ROCK, Texas--(BUSINESS WIRE)--Feb. 16, 1999--
Dell Achieves Top Ten in Fortune List
of America's Most Admired Companies
Dell Computer Corporation (Nasdaq:DELL), the world's leading direct computer systems company, today reported earnings per share rose 55 percent to $0.31 for the fourth quarter ended Jan. 29, 1999. Revenue increased 38 percent to $5.2 billion, as the company achieved customer sales via www.dell.com of $14 million per day.
For fiscal 1999, revenue increased 48 percent to $18.2 billion. Earnings per share for the year were $1.05, a 64-percent increase over last year.
Dell also announced today that its Board of Directors has declared a 2-for-1 stock split. This split, the company's seventh in the last seven years, will be paid in the form of a 100-percent stock dividend to be issued on March 5, 1999, to shareholders of record as of Feb. 26, 1999. All per-share data are presented prior to this split.
|
