Computer giant Dell last night reported a 24% increase in quarterly profits to $749m in what it called 'its best operating period ever'.
The profit amounted to 29 cents a share, slightly better than expected.
Revenues in Dell's fourth quarter to January 30 rose 18% to $11.5 billion for the world's biggest personal computer maker. The company said it achieved record product shipments, revenue, operating and net income, and earnings per share.
For the full fiscal year, Dell earnings rose 25% to $2.65 billion while revenues climbed 17% to $41.4 billion.
Dell said it was able to increase profits even with prices being cut on most PCs, by boosting volume and 'pursuing profitable growth' in the areas of servers and computer storage.
But it said sales of its lap-top computers were up 40%, ahead of the rest of the industry, while desktop shipments rose 21%, compared with an average of 8% for its rivals.
