This was originally posted at ZDNet's Between the Lines.
Dell's second-quarter earnings were down 23 percent from a year ago, but topped Wall Street estimates. The company continues to bet on an enterprise refresh cycle in 2010 and sees ongoing signs of stabilization.
The company on Thursday reported earnings of $472 million, or 24 cents a share, on revenue of $12.76 billion, down 22 percent from a year ago. Wall Street was expecting earnings of 23 cents a share on revenue of $12.6 billion.
Like Hewlett-Packard, Dell reported that sales stabilized sequentially from the first quarter, … Read more