Reuters: Technology News: Dell issues weak forecast, shares slide

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Dell issues weak forecast, shares slide Aug 21st 2012, 21:11 Tweet Share this Email Print Related News Exclusive: Dell brings on ex-HP executive to spur global services 3:14pm EDT Lenovo profit beats estimates but China slowdown a risk Thu, Aug 16 2012 Applied Materials sees revenue drop, reviews businesses Wed, Aug 15 2012 Groupon results, forecast disappoint on European woes Mon, Aug 13 2012 Nvidia rides Tegra wave, beats on revenue outlook Thu, Aug 9 2012 Related Topics Tech » Hot Stocks » Asian Markets » A Dell computer logo is seen on a laptop at Best Buy in Phoenix, Arizona, February 18, 2010. Credit: Reuters/Joshua Lott SAN FRANCISCO | Tue Aug 21, 2012 4:27pm EDT SAN FRANCISCO (Reuters) - Dell Inc warned of a "challenging" second half for computer sales and posted quarterly revenue below Wall Street forecasts, sending its shares down almost 5 percent. The No. 2 U.S. PC maker recorded fiscal second-quarter revenue of $14.5 billion, lagging the $14.64 billion analysts had expected on average, according to Thomson Reuters I/B/E/S. Its shares slid to $11.78 in after-hours trade, after closing at $12.34 on the Nasdaq. (Reporting By Edwin Chan; Editing by Bernard Orr) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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