Dell misses on Q2 revenue, net profit up to 60 percent but cuts Q3 Outlook

Leena Rao is currently working as a writer for TechCrunch. She recently finished graduate school of the Medill School of journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007 she helped lead efforts for advocacy and community relationships Congressman Carloyn Maloney in New York. She graduated from Columbia University in 2003 where it was ... ? Read More

Dell reported mixed earnings this afternoon for the second quarter of fiscal year 2012. Income in the quarter amounted to 15.7 billion, up to 1 per cent last year. GAAP net income per share was $ 0.48, up to 71%; non-GAAP EPS was $ 0.54 cents to 69 per cent. The company blew past EPS expectations, Dell missed several on revenue. Analysts expected a non-GAAP EPS of $ 0.49 in revenue of $ 15.75 billion.

Cash flow from operations rose to a record 2.4 billion of non-GAAP net income came in at $ 1 billion for the quarter, up to 60 percent from the same quarter last year. Dell ended the quarter with record-high $ 16.2 billion in cash and investments and repurchased $ 1.1 billion in stock in the quarter.

Dell said growth in its enterprise solutions and services, particularly in the serverm storage, data management, security services and the cloud continues to manage the company's profitability in the fiscal second quarter as operating income increased significantly to increase the income of 1 per cent.

Income for Dell commercial activities amounted to $ 12.8 billion, 1 percent from a year ago. Solutions & services profits rose 4 percent to $ 4.6 billion in the quarter and now represents 35% of Dell's commercial revenue. Servers and network revenues increased 9 percent year-over-year. Dell services revenue grew by 6 per cent to $ 2 billion.

Growth outside the United States and Canada, Western Europe and Japan increased 14 per cent of the income of the previous year and now account for 28 per cent of the total income of Dell. In particular India and China amounted to 21 per cent and 20 per cent, respectively.

Michael Dell, Chairman and Chief Executive Officer, said in a release: "we continue to see big boost in areas of high growth of our business, which is a direct reflection of the discipline and strong execution, our global Dell team to help solve real problems for our clients. We create efficiency through every step of the value chain and it will eventually include all customers from home users to large enterprises and government organizations to achieve results that are most important to them. "

In the third quarter, Dell expects revenue of approximately flat for Q2.

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Americans elect shoots the Moon (and misses)

I want to talk about American politics. No, wait, don't go! Not to worry; It Is Ok; I am Canadian. Nothing your nation psychotic death spiral of irrational blood revenge, Vampire kleptocrats and the cargo cult of magical thinking does not mean to me. (With the exception of his undeniable entertainment value.) Yes, I mean both political parties. It is so strange that you only have two. We have five. As southerners you so little?

I have long argued that America needs a third party, any third party. While I thought the Tea Party could be it, but instead, they have done something a lot cannier. Don't get me wrong, I think their politics delusional, but I'm reluctant to admire the way they hold the Republicans to the slave using the system vulnerable GOP primaries. This political equivalent gain root access by hacking an unpatched loader.

Now funded startup to the birth of a third party through the mighty power of the Internet. No, really. Americans elect is on the road to accreditation and accommodation in all US States. At the same time, it was the Kuwaiti delegates who register on your website in several groups of like-minded people that would suggest or support candidates. The first round of voting will reduce the candidates to a core group of six candidates, all of which you must select a running mate outside of their own party; then in April next year, the online Convention will determine which of these six will Americans elect a candidate.

This is a great idea, and a lot of people, such as the NYT Thomas Friedman, quite enthusiastically. But alas, my feelings about AE the same as my view Friedman: mixed but mostly negative. It is a fair amount of flak for his secrets about who is funding it, considerable veto power reserved his Council, and the lack of diversity among its first cohort of delegates. But my main complaint is that I just don't see it work. Shooting at the White House out of the gate is too much too soon. America needs a third party, Yes; However, this third party governing State or two before he aims for the Presidency.

You can say that this launch was born in the Beltway, not in the Valley. The latter will set the minimum viable product, city-or State-level political movement and viewed there, learn from their mistakes. Instead, Americans elect a rate of approximately 30 million dollars in one complex dice. It's too bad, because we just enter an era where you can create and maintain a completely new political movement online; but Americans elect ambitious failure would probably tarnish this approach for years to come.

Update: Strange (i.e. non-zero) number of people suggesting in comments that American first past system makes it impossible for a viable third party. Let me just remind y'all that may not be familiar with how the rest of the world works, Canada and the UK as the first past the post voting; that Canada has three or more parties for all living memory, and its historic "third parties" has recently surpassed the one that governs the nation for most of the 20th century; and, similarly, in the Great Britain historical "third party" is now a part of the Government of the United Kingdom.

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