Dell's outlook hasn't dimmed

Dell's outlook hasn't dimmed

Dell Computer will reaffirm a rosy forecast for its fiscal first quarter ending May 2, according to a company statement.

At its conference in New York for analysts, investors and reporters, the company will stand by the first-quarter projections it gave on February 13. At that time, Dell predicted that its revenue would be 18 per cent higher than in last year's first quarter, the volume of units shipped would be up by more than 25 per cent and earnings per share would come in at $0.23, an increase of 35 per cent from a year earlier. The company plans to report its first-quarter results on May 15.

Revenue is showing double-digit growth year-over-year in all regions and customer segments, the Dell statement said. Once focused on making PCs and servers, Dell has expanded into new fields including handheld computers, networking equipment, storage gear, printers and services.

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