Dell: Fiscal 2Q14 Financial Results
Will storage ever rebound?
By Jean Jacques Maleval | August 16, 2013 at 2:54 pm(in US$ million) | 2Q13 | 2Q14 | 6 mo. 13 | 6 mo. 14 |
Revenues | 464 | 432 | 937 | 856 |
Growth | -7% | -9% |
Dell, Inc. reports fiscal 2Q14 financial results for the three-month period ended August 2, 2013.
Global quarterly sales reached $14.5 billion, flat year over year.
Storage revenue without services during the period declined 7% Y/Y at $432 million, up 2% Q/Q. If these amounts continue to be flat, the company will have difficulties to exceed its former figure of $1.7 billion in annual storage revenue at the end of its current fiscal year.
Storage Revenue
(without services)
Period |
In $ millions |
Q/Q Growth |
1Q12 | 481 | -12% |
2Q12 | 502 | 4% |
3Q12 | 460 | -8% |
4Q12 | 500 | 9% |
1Q13 | 444 | -11% |
2Q13 | 464 | 5% |
3Q13 | 386 | -17% |
4Q13 | 434 | 12% |
1Q14 | 424 | -2% |
2Q14 | 432 | 2% |
(in $ millions) | FY11 | FY12 | FY13 |
Revenues | 2,295 | 1,943 | 1,699 |
Growth | 5% | -15% | -13% |