Dell’s Growth in Foreign Markets

I think I must be the last person who hasn’t given up on Dell (DELL). Here’s an article highlighting the company’s growth in foreign markets.

Sales in Brazil, for example, almost doubled in Dell’s 2006 fiscal year ended February 3, Parra said. Michael Dell, 41, last month announced plans to double the company’s Indian staff to about 20,000 in the next three years.
Dell also added a second plant in Xiamen, China, doubling capacity in the world’s fastest-growing economy and helping boost computer shipments there by 37 percent. China now is Dell’s fourth-largest market outside the United States.
Those efforts contributed to a 21 percent surge in revenue in the Asia-Pacific region last year, pushing the region’s share of Dell’s total revenue to 12 percent. Dell’s revenue outside the United States reached 43 percent of the total last year.
Meanwhile, Dell has high hopes for myriad new product initiatives, including pushing its three-year-old printer business.
“The value proposition for customers is easy,” Parra said. “If you’re using a Dell printer and you’re about to run out of ink, with three clicks you can order the print cartridge you need.”

I can’t believe this stock isn’t $35, much less $30.

Posted by on April 10th, 2006 at 8:45 am


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