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Dell: Fiscal 1Q13 Financial Results

Storage continues to decline.

 (in US$ million) 1Q12  1Q13
 Storage revenues 500  444
 Growth    -11%

Dell, Inc. announced its fiscal 2013 first quarter results ending May 4, 2012

Total storage revenues decreased 8% Y/Y from $481 million and 11% Q/Q from $500 million at $444 million for the quarter, continuing to be a mere 3% of global sales.

But company’s owned storage grew 24% yearly to $423 million.

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