Dell: Fiscal 3Q13 Financial Results

in US$ million	3Q12	3Q13	9 mo. 12	9 mo. 13
Storage Revenues	460	386	1,443	1,265
*Growth*		-16%		*-12%*

Dell Inc. announced fiscal 2013 third-quarter results for the period ended November 2, 2012.

Storage revenue is down 16% Y/Y and 11% Q/Q, and decreased the last three quarters.

For the most recent one, it was $386 million, the lowest figures as far a we could come back in the past Dell’s financial results: 3FQ09 or four years ago! It was $703 million in 4FQ09 or 82% more than today. And that was before the acquisition of Compellent and two years after buying EqualLogic.

Dell never was able to compensate by its own products the end of its agreement with EMC.

CFO Brian Gladden commented duriig the earning call: "Dell Storage was down 3%* to $378 million in a challenging environment, and this was below our expectations."

* This percentage doesn’t correspond to the official figures published by th company. (Editor)