NY Times: Dell’s Profits Increase 31% on Gains in Market Share

My spin: FYI
News Clip: Dell Computer said yesterday that its fiscal first-quarter profit rose 31 percent, to $598 million, or 23 cents a share, meeting analysts’ estimates and defying a prolonged slump in technology spending.
Revenue for the quarter ended May 2 rose 17 percent, to $9.5 billion, from $8.1 billion a year earlier. In the year-ago period, net income was $457 million, or 17 cents a share. (full story)