Dell Reports (Ho Hum) Another Stellar Quarter

-Revenue of $49.2 billion, up 19%
-Operating income of $4.3 billion, up 20%
-Pro forma EPS of $1.291, up 28%; Reported EPS of $1.18
-Cash Flow from Operations of $5.3 billion, up 45%
-Repurchased nearly 120 million shares for $4.2 billion
-Sold 5.2 million printers; $1.3 billion in printing and imaging
revenue

Dell is Not Just a PC Company

+Enterprise revenue run-rate of $8.5 billion
– Grew servers 40% faster than the market FY05
– Total storage revenues up 180% since FY02
+Enhanced services revenue run-rate of $4 billion
– Enhanced services growth of roughly 40% for past three years
+S&P revenue run-rate of nearly $8 billion
– In FY05, sold over 5.2 million printers; $1.3 billion in imaging revenue
+Mobility revenue run-rate of nearly $12 billion
+Non-US revenues have increased almost 60% over the past two years
+Non-PC businesses are over 60% of revenues

These guys just run like the Energizer Bunny. No end in sight. Turmoil at HP and inability of IBM to close the Lenovo PC deal work to Dell's advantage.

Peter. S. Kastner