Dell Earns 30 Cents a Share

Wow! I mean…wow!
Here are some of Dell’s recent numbers:

Quarter…..Sales….Oper. Income…..EPS
1-97………$2,588………$198………..$0.0675
2-97………$2,814………$296………..$0.0725
3-97………$3,188………$346………..$0.085
4-97………$3,737………$397………..$0.10
1-98………$3,920………$429………..$0.11
2-98………$4,331………$483………..$0.12
3-98………$4,818………$539………..$0.14
4-98………$5,173………$595………..$0.15
1-99………$5,537………$600………..$0.16
2-99………$6,142………$694………..$0.19
3-99………$6,784………$650………..$0.18
4-99………$6,801………$513………..$0.16
1-00………$7,280………$625………..$0.19
2-00………$7,670………$736………..$0.22
3-00………$8,264………$818………..$0.25
4-00………$8,674………$589………..$0.18
1-01………$8,028………$588………..$0.17
2-01………$7,611………$545………..$0.16
3-01………$7,468………$544………..$0.16
4-01………$8,061………$594………..$0.17
1-02………$8,066………$590………..$0.17
2-02………$8,459………$677………..$0.19
3-02………$9,144………$758………..$0.21
4-02………$9,735………$809………..$0.23
1-03………$9,532………$811………..$0.23
2-03………$9,778………$840………..$0.24
3-03………$10,622…….$912………..$0.26
4-03………$11,512…….$981………..$0.29
1-04………$11,540…….$966………..$0.28
2-04………$11,706…….$1,006……..$0.31
3-04………$12,502…….$1,089……..$0.33
4-04………$13,457…….$1,187……..$0.37
1-05………$13,386…….$1,174……..$0.37
2-05………$13,428…….$1,173……..$0.38
3-05………$13,911…….$944………..$0.39
4-05………$15,183…….$1,246……..$0.43
1-06………$14,216…….$949………..$0.33
2-06………$14,094…….$605………..$0.22
3-06………$14,383…….$824………..$0.30

I’m still working through the numbers (at least, what we have). The big surprise is the increase in Dell’s operating margin. It jumped from an awful 4.29% last quarter to a blah 5.73% this quarter. At this point, I think the market will like blah.

Here’s Dell’s trailing four-quarter earnings-per-share:

Dell’s stock went from $60 in 2000 to under $19 a few weeks ago.

Posted by Eddy Elfenbein on November 21st, 2006 at 4:15 pm

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