It was recently seen that Dell on Thursday reported its first increase in quarterly profits. It was helped by its commercial spending and its continuing efforts to reduce costs.
It was noticed that the net income for the three months that ended April 30 was US$441 million. There was rise in net income by 52% compared to the same quarter last year.
It was also seen that Dell made $0.30 per share which was more than the $0.27 forecast by financial analysts.
It was also seen that the revenue rose by 21% to $14.87 billion which was more than the analyst estimate of $14.27 billion.
It was earlier reported by Dell that it had declining profits for the past seven quarters. It was informed that the company was a lot more reliant than its competitors on hardware sales to businesses.
"We had a solid first quarter in an improving global environment. Demand has picked up, especially with commercial customers, who make up approximately 78 percent of our revenue", said Chief Financial Officer, Brian Gladden to the reporters.
Increase in the revenue from large enterprises was also seen by 25% from a year earlier, to $4.2 billion. It was also noticed that the sales of mobility products like laptops increased by 18% to $4.6 billion, whereas desktop sales were up by 13%.
