Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Businessweek Archives

Dell's Latest Write Down


In Business This Week

DELL'S LATEST WRITE-DOWN

More growing pains at Dell. On July 14, the computer company warned that it expects to report a loss of $1.65 to $1.85 per share for the second quarter, thanks to a planned $75 million to $85 million write-down. Analysts had expected Dell to post a profit of 18 to 81 a share. The company says the charge, which will cover inventory write-downs, the cost of a new information system, and consolidation of European operations, could force it into credit default. One bright spot: Dell's second-quarter sales should come in at $710 million or so, vs. $457 million a year ago.EDITED BY JULIE TILSNER


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus