Dell eyes two-thirds of Sales from outside U.S. in 5 Years
Posted on Fri, 30 May 2008 04:04:39 CDT | by Luigi Lugmayr
More News Ticker News
BEIJING (Reuters) - Dell Inc , the world's No. 2 personal computer maker, said
on Friday sales outside the United States were growing much faster than its home
market and could account for two-thirds of total revenues within five years.
Revenue from international regions topped U.S. revenue for the first time, with
Brazil, Russia, India and China (BRIC) leading the way with 73 percent shipment
growth in the first quarter, Steve Felice, president of Dell Asia-Pacific and
Japan, told reporters during a teleconference.
At the rate things are going "two-thirds could come in five years," said Felice,
referring to sales from outside the U.S.
The comments came after Dell posted higher-than-expected quarterly profit,
driven by cost cuts and strong demand from consumers and foreign markets,
pushing its shares up nearly 10 percent in after-hours trade.
Dell pointed to the strong performance as evidence that a year-long turnaround
led by founder Michael Dell, who returned to the chief executive post in January
2007, was yielding results.
However, Dell said U.S. corporate customers were still cautious about buying
given the uncertain economic outlook.
The firm's Americas revenue rose 1 percent in the quarter ended May 2, although
server unit shipments soared 20 percent, four times that of the industry.
Dell has announced a plan to cut 8,900 jobs to reduce costs, but said Asia --
with faster sales growth and a large part of the company's supply chain -- would
see more job growth.
"You will continue to see continued head-count growth in Asia," he said.
In March, the company said it would buy $23 billion of components from China
this year and $29 billion in 2009, rising from $18 billion last year to help
reduce costs.
($=6.94 yuan)
(Reporting by Kirby Chien; Editing by Anne Marie Roantree)
© Copyright 2008 Reuters.
Posted on Fri, 30 May 2008 04:04:39 CDT | by Luigi Lugmayr
I4U Gadget Models
I4U News Product Reviews
All I4U News Categories
Latest News
- Nokia seen outlining Smartphone, Services Push
2008-12-01 16:00:00
- New Xbox 360 Experience (NXE) a In-Depth Review
2008-12-01 15:00:00
- 6Ave Cyber Monday Sale big on HDTVs
2008-12-01 14:00:00
100 Days until Thanksgiving Sale 2008 Countdown
August 19th marked the beginning of our 100 days Holiday Gift Guide 2008 countdown until the Thanksgiving Sales 2008 start. I4U News brings you a Holiday gift tip each day for the next 100 days. On Thanksgiving Day we will have 100 tech-gift tips in 10 categories online for you.
Explore the latest Holiday Tech Gift Tips now.

More stories
