Dell Reports Strong Second Quarter, Spooks Investors with Full Year Forecast
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Dell on Tuesday reported financial results for its second fiscal quarter of 2012 and described its performance as "strong" based on $15.7 billion in revenue. That's up 1 percent from last year, and 4 percent sequentially. Meanwhile, Dell's operating income for the first half of 2012 jumped 50 percent, and GAAP earnings per share rose a healthy 71 percent to 48 cents. So why did Dell's stock drop so sharply in after hours trading? »read more
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