Even healthy growth in vibrant markets like India and China could not help global personal computer manufacturer Dell’s net profit from slipping 54 per cent to $337 million, from $727 million in the same quarter last year. Revenue also declined by 15 per cent to $12.9 billion, compared with $15.2 billion in the same period last year, it added.
The India market grew 17 per cent year-on-year and China sales were up 20 per cent sequentially and 8 per cent y-o-y. Combined sales from China, India, Brazil and Russia were up 18 per cent sequentially and 5 per cent over the past year.
“Our growth in the India market has been encouraging. We have been able to get significant share gain in India and we have been growing sequentially in India. We will continue to add to build sales capacity, expand channel strategy and invest in India,” said Steve Felice, President, Small and Medium Business.
Felice also said India will play an important role after the integration of its recent acquisition target, Perot Systems, by Dell for $3.6 billion. “We are working on the integration. We are integrating Dell Services into Perot Systems, rather than the other way. Over 7,000 people in India work for Perot Systems. We will use India as a big base of operations and India will play an important role in this segment,” added Felice.
On the results, the company said the slow uptick in the corporate sector is responsible. However, since October, and more importantly after the release of Windows 7, the commercial segment has seen a rise.
