Dell reported a better-than-expected fourth quarter as enterprise sales rebounded. The company said that it was "cautiously optimistic" that commercial IT spending will improve throughout the year ahead amid "ongoing signs of stabilization."
Dell reported fiscal fourth quarter net income of $334 million, or 17 cents a share, on revenue of $14.9 billion, up 11 percent from a year ago. That sales tally was $1 billion more than Wall Street expected. Non-GAAP earnings were $544 million, or 28 cents a share, a penny ahead of Wall Street estimates.
For fiscal 2010, Dell reported net income … Read more