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Dell Earnings Meet Views, But Growth Keeps Ebbing; Desktop PCs Remain Sluggish; Company's new guidance for fiscal fourth quarter at lower end of expectations.(INTERNET & TECHNOLOGY)
Byline: PATRICK SEITZ
Computer giant Dell on Thursday met Wall Street's lowered expectations for the fiscal third quarter, as server and storage sales helped buck up its slouching desktop PC business.
Excluding one-time items, Dell earned 39 cents a share for the quarter ended Oct. 28. That was up 18% from a year ago and in line with analyst estimates.
The Round Rock, Texas-based company posted sales of $13.91 billion, up 11%. That was a bit short of analysts' views of $13.96 billion, or a 12% rise. Dell's sales growth has slowed for six straight quarters.
In its guidance for the fiscal fourth quarter, Dell provided a range that skirted …
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