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Dell posts $2.1 billion profit

Published on .

Round Rock, Texas--Dell Computer Corp. reported earnings of $2.1 billion, or 80 cents a share, for its fiscal year ended Jan. 31, up 19% from earnings of $1.8 billion, or 65 cents a share, the previous fiscal year.

Revenue for the year totaled $35.4 billion, up 14% from $31.2 billion the previous year.

Dell attributed its strong finish to record sales in the fourth quarter.

For its fourth quarter, Dell posted earnings of $603 million, or 23 cents a share, up 32% over earnings of $456 million, or 17 cents a share, a year earlier. Revenue for the fourth quarter was $9.7 billion, up 21% from $8.1 billion a year earlier.

During a conference call with analysts, Dell Chairman-CEO Michael Dell said it was "unfortunate" its spokesman Benjamin Curtis, who plays the "Dell Dude" in ads for the company, was arrested earlier this week on drug charges.

--Kate Maddox

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