Dell reported a 77 percent yearly growth rate in its quarterly results for its sales in terms of units and the Indian operations witnessed the highest growth among all global markets for the company at 48 percent. This is 4 percent higher than China’s growth rate of 44 percent for Dell products.
“We had an outstanding performance in India, and our share has grown by 4 percentage points. This is 3-4 straight quarters of hyper growth. We have an excellent presence in large corporate customers and we see surging growth in SMEs and consumer business. Also, there are opportunities in education depending on the investment that Government makes in the area,” said Steve Felice, President, Dell Asia-Pacific and Japan.
Asian region contributed 16 percent to Dell’s revenues with Indian and China together contributing upto 40 percent of these revenues.
Global revenues however fell 3 percent to reach $15.162 billion during the quarter from $15.646 billion a year ago. The company said that growth in India and China though will be not enough to offset dip in global growth. The net income for the quarter ended October 31 stood at $727 million compared to $766 million in same period last year, this is a drop of 5 percent.
The company said that it would continue to focus on improving competitiveness, lowering costs and improving its mix of products and services.
The company’s headcount has decreased by 9 percent globally in a year. |