Dell Reports Q2 Rakes In $14.5B Of Revenue, Nets $732M Profit

[Spartan]

After a couple of [url="http://www.engadget.com/2012/05/22/dell-profit-drops-33-percent-in-q1/"]down[/url] [url="http://www.engadget.com/2012/02/21/dell-falls-short-on-q4-earnings/"]quarters[/url] in a row, Dell needed to come out strong in Q2 of fiscal year 2013. Well, it's probably not as glowing a quarter as the company was hoping for, but a slight rebound in profits from last quarter should give it something to smile about. Revenue was up roughly $100 million sequentially, which translated into an equal amount of additional profit. After netting just $635 million in income during Q1, Dell banked $732 million in Q2 of 2013. Year-over-year, however, things are a little less rosy. Revenue was down eight percent and net income a worrisome 18 percent. Still, while its consumer arm continues to struggle (where revenue is down 22 percent), its enterprise [url="http://www.engadget.com/2012/08/21/dell-reports-q2-earnings/#"]services[/url] division continues to grow, raking in $4.9 billion this quarter -- up six percent from the same time last year and matching its [url="http://www.engadget.com/2012/05/22/dell-profit-drops-33-percent-in-q1/"]previous record[/url]. The company expects revenue to [url="http://www.engadget.com/2012/08/21/dell-reports-q2-earnings/#"]continue[/url] to fall next quarter, but expects good things from it Enterprise Solutions, Services and Software division going forward.