To: TigerPaw who wrote (66943 ) 11/11/2004 7:10:35 PM From: stockman_scott Read Replies (1) | Respond to of 89467 Dell's 3Q Net Rose 25% on Strong Sales, Better Pricing November 11, 2004 ROUND ROCK, Texas -- Dell Inc. (DELL) posted record results in its fiscal third quarter, registering a 25% jump earnings and an 18% increase in sales, as it shipped eight million computers and servers world-wide. For the quarter ended Oct. 29, the world's largest personal-computer maker reported net income of $846 million, or 33 cents a share, compared with $677 million, or 26 cents a share, a year earlier. Revenue jumped to $12.5 billion from $10.62 billion. Results were in line with Dell's August projection for third-quarter profit of 33 cents a share on revenue of about $12.5 billion. Dell said it shipped an industry-record eight million servers, notebooks and desktops during the quarter, up 22%. Notebooks led the way with a 35% advance. Total shipments to Europe, the Middle East and Africa jumped 31%, followed by a 25% increase for Asia-Pacific and Japan. Chief Executive Kevin Rollins projected fiscal fourth-quarter earnings of 36 cents a share on revenue of about $13.5 billion, with product shipments rising 20%. For its third quarter, the company said it had five million shipments in the U.S., which Dell called an industry record. Market share rose nearly two percentage points to 33%. World-wide revenue from software and peripheral products jumped 37%, and Dell said it is on track to sell more than five million printers in fiscal 2005 and have more than $1 billion in imaging and printing revenue. During the quarter, Dell repurchased 38 million shares of its common stock, putting the fiscal-year-to-date total at 97 million. The buybacks have reduced the company's weighted average shares outstanding by nearly 3%. -Kevin Kingsbury; Dow Jones Newswires; 609-520-4367 (END) Dow Jones Newswires 11-11-04 1635ET