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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (113304)	3/29/1999 7:52:00 PM
From: Lockeon	Respond to of 176388

Wasn't someone wondering about whether Dell had become one of the top two customers of Intel? (Sorry BGR - this is not a response to you but I can't remember who was speculating about this)... According to this lot (who have been accurate, though cynical, according to someone who has followed this site for a while) - Dell has become the number 2 purchaser of Intel chips at 11%....we seem to be moving on up as usual....<G> Regards...and have an excellent evening all.... Courtesy thames_sider of the Dell Investors club.... theregister.co.uk _____________________________________________________________ Posted 29/03/99 1:03pm by Mike Magee Accounting rules force Intel chip disclosures Changes in the way US corporations have to disclose their financial information have led Intel to release segment information about its business. Similar changes forced IBM last week to show that it had lost $1 billion on PCs last year. According to Intel form 10-K filed with the US Securities and Exchange Commission last Friday, sales to Compaq and Dell accounted for nearly a quarter of all MPU sales in 1998, with 13 per cent and 11 per cent respectively. Overall, Intel's sales of microprocessors accounted for 82 per cent of its turnover, with other elements, including its networking business, only accounting for 18 per cent. According to the filing, the Intel architecture business accounted for $21,545,000,000 of revenue in 1998, while its Computing Enhancement Group, which includes chipsets, embedded products and Flash, turned over $4,047,000,000. The former made an operating profit of $9,077,000,000, while the latter made an operating profit of $358,000,000. However, under the category "All", revenues amounted to $681,000,000, with an effective operating loss of $1,056,000,000. Obviously these "losses" were offset by the big operating profits of its other chip business. The Intel Networking Group does not come under the scope of the new operating rules, nor do some other minor business groups. Intel's next set of financial results comes out on the 14 April. ® -------------------------------------------------------- If you want daily updates on news, enter your email address below, then click the 'Join List' button. Powered by ListBot The Register and its contents are copyright © 1999, Situation Publishing. All rights reserved. Mail: 20-22 Maddox Street, London, W1R 9PG. Tel: +44 (0)171 499 2264 Fax: +44 (0)171 493 5922 Editors: Mike Magee, John Lettice and Drew Cullen Managing Editor (site): Tony Smith. Managing Editor (news): Sean Fleming Advertising and Sales: Pranav J Osa