My spin: I could not have said it better myself. I do think, however, Dell should be more cautious in its expansion plans.
NEW YORK – As usual, Dell Computer will be one of the few bright spots in tech when it reports its fiscal fourth-quarter numbers on Feb. 13. Going forward, it appears probable that concerns about the company sustaining growth are overblown.
For the quarter, analysts are expecting revenue of $9.7 billion, up 6% sequentially, and earnings per share of 23 cents, up 9%. For fiscal 2003, revenue and earnings per share will be up 13% and 23%, respectively, over last year. Granted, it’s an easier comparison than in past years, since 2002 sales and earnings were both lower than 2001 figures. (full story)
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